Posted On: 05/06/2014 3:08:10 PM
Post# of 56324
You know what would be better than a simple reverse split?
This is not a joke, so please consider this scenario and feel free to comment.
What if Bill and company were to pick a grant date, and any shareholders of record on that date were to be granted 1 share of stock for every share currently held... And THEEEEEN do a 1:2 reverse split?
In essence, you would end up with the exact same amount of shares that you began with, at the same value, but the number of shares outstanding would be cut in half.
Just thinking out loud. It's probably against some rule out there, but is certainly an interesting concept.
This is not a joke, so please consider this scenario and feel free to comment.
What if Bill and company were to pick a grant date, and any shareholders of record on that date were to be granted 1 share of stock for every share currently held... And THEEEEEN do a 1:2 reverse split?
In essence, you would end up with the exact same amount of shares that you began with, at the same value, but the number of shares outstanding would be cut in half.
Just thinking out loud. It's probably against some rule out there, but is certainly an interesting concept.
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