102415725 : Will existing shares be affected ? Or would the price go up?
勇敢牛牛MooMoo : Ya, saw the news.
ColinZLi OP 102415725 : All existing share will be merged with 8 to one and the odd slot below 8 share will be redeemed at closing price. In theory, there is no impact on pricing, just a change of the trading volume.
RWSG : below 8 shares will be credited back to account? care to share the news? Thanks in advance
102415725 ColinZLi OP : I see ! Thanks for clarifying
clouds47 : After 8 shares combine to 1, the price of the combined share will be the total price of the combines 8shares?
Losty18 clouds47 : yes
clouds47 Losty18 : Thanks!
102415725 : Will existing shares be affected ? Or would the price go up?
勇敢牛牛MooMoo : Ya, saw the news.
ColinZLi OP 102415725 : All existing share will be merged with 8 to one and the odd slot below 8 share will be redeemed at closing price. In theory, there is no impact on pricing, just a change of the trading volume.
RWSG : below 8 shares will be credited back to account? care to share the news? Thanks in advance
102415725 ColinZLi OP : I see ! Thanks for clarifying
clouds47 : After 8 shares combine to 1, the price of the combined share will be the total price of the combines 8shares?
Losty18 clouds47 : yes
clouds47 Losty18 : Thanks!