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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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Your question confused the hell out of me. What are you trying to say?
1) Can you transfer money from US to NRE account using remitly/ xoom?
2) If an NRE account deposits USD only, how am I able to transfer using Remitly as they convert the USD to INR before transferring?
NRE account is in INR but the money has to come from outside the country. You cannot deposit INR locally
Got it!