Fat Penguin : Hi hi sorry I m not sure what is split reserve appreciate u can advise me more what is this thank u
102715498 OP Fat Penguin : it's when the company merges the shares of every holder. Taking this RS as 1-9, if you had 90 shares at 10 cents/share before a RS(reverse stock split), you would have 10 shares left and 90 cents/share after the RS is executed.Take note that the market value of your holdings will be the same.
Fat Penguin : Hi hi sorry I m not sure what is split reserve appreciate u can advise me more what is this thank u
102715498 OP Fat Penguin : it's when the company merges the shares of every holder.
Taking this RS as 1-9,
if you had 90 shares at 10 cents/share before a RS(reverse stock split), you would have 10 shares left and 90 cents/share after the RS is executed.
Take note that the market value of your holdings will be the same.