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Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
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Maybe or you have a credit that will carryover to next month
Enthusiast
This is what in would do 👆🏽
Maybe. Call and ask
Rising Star
They’ll definitely give you a credit, you may be reimbursed. Call them.
Yes I’ve done this. You can also online chat. They send u a check
Yes you can
Yes they’ll send a check
Conversation Starter
Thanks everyone!
Yeah, but it usually takes a few weeks to get the money back.