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after stock split question
$Super Micro Computer (SMCI.US)$ so i have about 81 shares of this before stock split, if this is 41 ish per share after stock split and it goes to say 50 per share, does it mean the 81 share i have will be at 50 per share?
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CEO of Apes : If you have 81 shares that means you’ll have 810 shares after split. And as for the price you just divide the current price by 10 and you’ll get what the price will be after split. But to answer your question the value of your 81 shares won’t change. If you got 81 shares rn at $420 it’ll be converted to 810 shares at $42. You can think of it as a pizza. If I gave you a whole pizza and then cut it up 10 ways you’re not going to have more pizza. The only difference is that your pizza is cut into more slices
CEO of Apes : But if you want to find out how much YOUR 81 shares will be worth after split you just divide your current avg by 10.
VCasts OP : yea i know that part i was just asking if yes or no if price of share after stock split is 40 then went up to 45, i can sell the 81 share i got for $45 per share correct?
71392720 VCasts OP : if you are at 41 and it goes to 50. then you will gain 9.00 per..giving a profit of 81x9(729.00)
71392720 VCasts OP : yes..you can..making a profit
VCasts OP : oh ok thanks