InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,299.61
(
0.08%
)

Replies to post #7957 on Safeplus International Holdings Ltd. (ACAI)

Replies to #7957 on Safeplus International Holdings Ltd. (ACAI)

cougar24

03/16/21 7:09 AM

#7958 RE: threewheeler #7957

It's called DILUTION. Amazing how this ACAI Chinese SPAC magically increases the outstanding shares with no filing or announcement to shareholders.

cougar24

03/16/21 10:55 AM

#7963 RE: threewheeler #7957

If the security details on OTC are correct, it appears they did a 5/1 forward split. So you'll have about 5 times the shares and the stock price will be adjusted accordingly to about 36 cents.