$Kintara Therapeutics (KTRA.US)$ There is a Reverse ◀️ Split...
$Kintara Therapeutics(KTRA.US$ There is a Reverse ◀️ Split 🪓 coming soon as well. Could be anywhere from a 1 for 20 to 1 for 40. And it's dropping as we speak. ![]()
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KidPicasso76 : Yeah. They need a 4$ sp for the merger
Youngbuffet jimclay8 : can't understand why this is dropping sharply, the 2 mergers have witnessed so far had RS and the price did 100-300% after merger
KidPicasso76 Youngbuffet : Maybe not so many people are as confidant as you are. Drop like that can really shake the nerves. Rebounding a bit now.
Mr Krabs KidPicasso76 : Hows that buy high sell low strategy working for ya? Lol
jazz01 KidPicasso76 : how would reverse splitting a stock achieve this?
KidPicasso76 jazz01 : Because it consolidates the shares and raises the price per share. So right now a 1/20 rs would turn the share price of 0.25 into roughly 5 bucks. Shares would be reduced 20x and share price rises 20x.
lucky Triders 369 : NO it's not RS
YOU trying to scare people to sell your are shorty go away