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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
Did anyone watch the debate tonight
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Nope - MR point transfers are one way; you can’t reverse transfer airline miles to MR points.
Yeah and if you think about the business model, this makes sense. CCs buy stores of miles from the Airlines to provide to their customers. While it certainly is an “asset” for them which gets burned down on a transfer, the CCs are much more interested in getting the “liability” of MR points off of their books