It's missing a "minus" sign
|
| Author | Content |
|---|---|
| watux Aug 03, 2006 3:33 AM EDT |
That would better reflect the value of SCOX’s position. |
| Rascalson Aug 03, 2006 4:13 AM EDT |
Also, after the minus sign addition the decimal point needs to be moved at least one if not two spaces to the right. |
| Sander_Marechal Aug 03, 2006 5:14 AM EDT |
If this keeps up it'll hit $1,- soon. IIRC hitting $1,- means you get delisted, right? |
| sbergman27 Aug 03, 2006 6:45 AM EDT |
No. They can do a reverse stock split to keep the per share price above a dollar. Basically, a 1:2 reverse sock split would replace each 2 shares with 1 share of stock at twice the price. So if you own 1000 shares at $2.27 today, you would have 500 shares at $4.54 after the reverse split. |
Posting in this forum is limited to members of the group: [ForumMods, SITEADMINS, MEMBERS.]
Becoming a member of LXer is easy and free. Join Us!