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$Sunshine Biopharma (SBFM.US)$ The company has applied for a...
The company has applied for a 100:1 stock merger with the Securities Regulatory Commission and proceed carefully!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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103172898 : After the 100:1 merger, how much will the stock become
103818967 : What does this mean?
Jordansg : Good or bad news ?
angry bird : The current market capitalization is only 850,000. If it falls again, it will be delisted. The market capitalization of 3 million to 5 million is not a big problem
Ejirenaith : Merger is that I originally hold 100 shares, and will it turn into 1 pair after it is merged? Then the price of 0.90 becomes 90? Is that how you understand it?
Simon 5183 OP : Reverse split 100:1 = Assuming you have 100 shares, the stock price is 0.8 yuan. After the reverse split, it becomes 1 share, and the stock price becomes 80 yuan.
Shares usually drop in price for a period of time after being split or reverse split, which usually doesn't mean absolute, so be careful!
Simon 5183 OP Ejirenaith : Yes, the number of shares issued is also divided by 100
Simon 5183 OP 103172898 : Originally, 100 shares became 1 share, and the stock price of 1 yuan changed to 100 yuan
103172898 Simon 5183 OP : Ooh