We need that dollar.!!!
We have to get it to a dollar before the split. if this goes to $1 dollar before the split. They would theoretically payout $10 per share not $1 per share. so lets say it goes 1:10 split. they pay $10 per 10 shares you feel me. id rather take the $10 over the $1.!!!
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101748546 : ? 1:10 split 1 dollar become 10 dollar but unit on hand will from 100 become 10. Reverse stock split is often bearish...
Surf Bento OP 101748546 : Yes in theory, because they were already expecting to pay $1 per whatever X amount of share in the split. But if the stock is at a dollar before the split happens then they would do a price adjustment that might give us $10 per share or $5. That’s they are keeping it low.