InvestorsHub Logo

jugs

08/06/20 9:36 PM

#503 RE: trunovice #501

To clarify something I'd assumed all would understand:

When a stock experiences a reverse split, shares always rise in proportion to the ratio employed.

If MNLO faces a 1:7 ratio with shares priced at $1, then the post split share will be priced at $7.

As I've said before, it is the nature of all reverse splits that shares immediately price at a multiple of the presplit value.