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Posted On: 11/15/2018 7:54:04 AM
Post# of 32187
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Re: FightingFalcon #8374
If the stock was $10 now, the market cap would be about $1.8 billion. After a 1:5 reverse split, the $1.8 market cap would put the stock price at $50. So your shares, while fewer in number, would be worth $50 in that scenario instead of $10.
It’s about market cap, not share price.
It’s about market cap, not share price.
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