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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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Did this with my current shop. They asked me to provide documentation of my previous year’s bonus (this was in NY before it became illegal to ask about comp) and they bought me out of that amount, scaled up to be proportionate with my new company’s base/bonus breakdown. The buyout became a clause in my employment contract as well
Amazing, this was fantastic to learn! Thank you.