Kirk Holmes
commented on a stock · Oct 9, 2024 07:54
$MicroCloud Hologram (HOLO.US)$ slipped 1000 more shares bef...
$MicroCloud Hologram (HOLO.US)$slipped 1000 more shares before the halt for R/S started and my avg is now 1.31....not great, will be near25/share cost basis :(....hoping the ability to hold in mid .20's is a good sign heading to split and will rocket up huge.
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Rhiox
103893071
:
A r/s ( Revese split) refers to a company reducing the number of shares to increase the price of a share. so here they will do 20 to 1 r/s , means for every 20 shares will be reduced to 1 share. formula : divide # of shares you have by 20 and multiple your average cost by 20 and that will be your new average after the r/s.
103893071 : Hello, can I ask if RS refers to the actions taken in the US market right from the start? I am a beginner.
TheGerries : What is the news coming out?
powerful Capybara_10 :
You are really pathetic on January 31st.
Rhiox 103893071 : A r/s ( Revese split) refers to a company reducing the number of shares to increase the price of a share.
so here they will do 20 to 1 r/s , means for every 20 shares will be reduced to 1 share.
formula : divide # of shares you have by 20 and multiple your average cost by 20 and that will be your new average after the r/s.