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Posted On: 03/04/2020 11:08:11 AM
Post# of 82676
Not sure why there's so much concern about a reverse split. If revenues are being booked, that should enable support at a higher share price. And there will be fewer shares outstanding, so win win.
The reason to fear a r/s is when it's done just to get uplisted, or whatever, and the company fundamentals don't support the action. Then share price goes right back down because investors don't see the reason for a higher price.
The reason to fear a r/s is when it's done just to get uplisted, or whatever, and the company fundamentals don't support the action. Then share price goes right back down because investors don't see the reason for a higher price.
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