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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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Additional Posts in Succession Planning: Buy/Sell Practice
Www.joinsfm.com. We are a firm based in Central Florida. Also have branches in Ohio. If you are looking to join a good independent practice that has a guaranteed succession plan......check out our website. 34 years in business and rank in the top 5 largest financial planning firms in Central Florida. Check is out.
Anyone in metro DC looking to transition out?
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I too am looking for a partner that is looking to transition/retire . I manage a little over 200mm and looking to grow .
I would recommend getting involved in your local chapters of FPA and CFP to network.
I know someone in Boca looking for someone. Def helps having some AUM to bring w you. You can find me on LinkedIn if you want a connection.
We have an opportunity to join as a junior and then purchase the practice. Please contact me if you have any interest.