PPRuNe Forums - View Single Post - What's happening in CHC?
View Single Post
Old 27th Oct 2015, 06:37
  #255 (permalink)  
inputshaft
 
Join Date: Nov 2004
Location: USA
Age: 61
Posts: 118
Likes: 0
Received 0 Likes on 0 Posts
A reverse split can be any chosen ratio, so a 10:1 would get them to $4.40

.......at least temporarily. Seems like the market often has a pretty poor view of such actions, they're not surprisingly viewed as a running out of options gambit, and the stock can easily tumble to below $1 again.
inputshaft is offline