Replies to post #22716 on CLST Holdings Inc (CLHI)

[trademax42]

They didn't need a RS, the ticker could have been uplisted without a RS. imo

$CLHI

[reader3]

The one thing I can think is that this was probably decided when the 30-day trailing average was somewhere in the 0.30 range. So a 1:15 split would have targeted a post-split share price of around $5.0. That being the case, it should be obvious that they could have / should have gone for a much smaller number under more recent price action.

I hope they will reconsider.