if AMC consolidate 10 APE shares into 1 AMC share, if APE pr...
$AMC Preferred Equity Unit(APE.US$ if AMC consolidate 10 APE shares into 1 AMC share, if APE price is $1, and AMC price is $4, wouldn’t those holding APE shares be at a lose? 10 shares at $1 each after consolidation is now only worth $4?
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FANCY PANTS : That's not how it works
我要你一鋪清袋 OP : Can explain how it works please?
Billy Badass : i would read the 8k carefully. it sounds like an ape unit is 1/100 of a class A preferred share so these apes could be only worth pennies. good luck
Wallstreet Thugg : Ape was 1/100th of amc during div/ stock split
Approval of a reverse split 10:1 leaves 90% of stock value magically removed from our portfolio
Milo Kiddo Wallstreet Thugg : what do u mean by ur last sentence?