(Total Views: 393)
Posted On: 03/13/2018 12:47:11 PM
Post# of 75360
It does make more sense, and the 5 yr. chart can even be very misleading at par, since the stock price before the split was not $2/share at it's highest in early 2015, but rather around a penny. The 1 for 200 split would multiply the post split pps 200x, so the unadjusted price at the new ratio would be $2/share (which accounts for the early 2015 chart). If the stock AT THE TIME OF THE R/S had been around a penny, then the pps would actually now be up around $10/share.
Not to say it won't be successful, cause it very well may in this lucrative market, and it does have a better share structure at present, but they'll need to bring in strong revenues to avoid re-diluting that nice looking share structure. That's what bolsters my confidence with Rocky Mountain High Brands at this point. They have been busy laying the groundwork for what should be a sweet rate of revenue growth. We'll know one way or the other as 2018 rolls out, but I think we'll have a damn good idea from just what's reported in the first half.
Not to say it won't be successful, cause it very well may in this lucrative market, and it does have a better share structure at present, but they'll need to bring in strong revenues to avoid re-diluting that nice looking share structure. That's what bolsters my confidence with Rocky Mountain High Brands at this point. They have been busy laying the groundwork for what should be a sweet rate of revenue growth. We'll know one way or the other as 2018 rolls out, but I think we'll have a damn good idea from just what's reported in the first half.

