atucagugebe
06-05-2018,
Hey everyone,
An interesting event happened to me last week and I'm looking for any advice or if this has happened to anyone before...
I owned 200k shares of a company. This company was trading at 0.02/share when the company announced a 5:1 reverse split. So my current market value is $4k.
As company began trading at the post-consolidation level, so $0.10/share ($0.02/share x 5), theoretically I would have 40,000 shares (200k/5). This was not the case.
An interesting event happened to me last week and I'm looking for any advice or if this has happened to anyone before...
I owned 200k shares of a company. This company was trading at 0.02/share when the company announced a 5:1 reverse split. So my current market value is $4k.
As company began trading at the post-consolidation level, so $0.10/share ($0.02/share x 5), theoretically I would have 40,000 shares (200k/5). This was not the case.