Now 10 cents for $100 dollars is incorrect. The new share value will be 5000 times the old share value. And 1 million shares will be worth 200 shares at a 5000 to 1 split. It isn't that complex to calculate. Using actual figures, the contention that:
And by the way, check out the stock on board that you are a moderator on, that CGFIA has as a merger target, and look at the way the shares were priced after the stock split occurred at American Sierra. There is a real life example of how the new shares are priced the days after a stock split. It is obvious that market cap DOES play a part in the price structure. Why would it be any different at CGFI?
Just keeping the information real and simply clear. $CGFIA