Yes, that’s correct. What matters is the percent
Post# of 13222
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If the reverse split never happen and the company decided to raise the AS to 3 billion instead, wouldn't the company have 2 billions new common to be used directly by the company?
Disagree, believe it does matter. Current shareholders could view the roughly one billion in new shares to future equity dilute their shares which in total represent roughly 250k shares - a huge delta difference. Remember, current holders pre split represented an equity share of roughly 95% and post split that 95% has decreased from 250k divided by 1 billion shares.
Further, the delta difference between OS and AS is so great it could distract future interest.
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So I am guessing it really doesn't matter until they actually do use those shares does it?
My opinions.
https://investorshangout.com/post/view?id=674612
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