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01/12/22 11:38 AM

#24649 RE: Prominent Capital #24648

Would make the company per share more valuable. As it would reduce the OS with half, theoretically the value should double.

Knowing this is already a low OS company, this would as well make it more attractable as a merger candidate.

Jc314

01/12/22 12:41 PM

#24650 RE: Prominent Capital #24648

Less shares available to the public could could help increase the price.

Demand and supply in the market affect the prices of shares. When demand for shares exceeds supply, which means the buyers are more than sellers, the prices increase