(Total Views: 213)
Posted On: 09/09/2019 12:52:18 PM
Post# of 36549
Theoretically, retiring 20M shares of 63M outstanding right now, the exchanges should make a positive adjustment to the share price that day (which the PR said would be this week). So if we have a stock price of $2.50 on that day, theoretically we should be adjusted to $3.66/share, which is a 46.5% increase overnight. Again, theoretically this is how it should work.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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