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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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Yes I do and the edges don’t feel sharp to me. Maybe the size is off or maybe you have slender fingers that feels it more 😁
Bowl Leader
I felt the same! I got used to it very quickly and they do sort of smooth out slightly over time!
Thank you D1 & McKC1!!! That’s very helpful feedback and sounds like it will just wear down on its own and be more comfortable in time. I wasn’t sure if I made a bad decision but now this makes me feel so much better! :)