Guys, the company has more than a billion issued shares. At 5-to-1 conso, the shares will be 5x less, the price will increase 5x while the value remain the same for shareholders. If say the price is 0.260 when they announce the conso ex-date, the price will become 1.30
And YDPA will then hold around 6M shares at 1.30 as per above example
US hedge funds will report their 13F holdings; mutual fund rebalance at the end of the quarter. The biggest market risk is between December and January. Good luck
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8888_
2,923 posts
Posted by 8888_ > 2022-10-12 16:19 | Report Abuse
Issue more shares soon also good why? Dividend is 0?