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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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This is the starting salary for lvl 9. And yes, if your CCTC is really low then it should be an okay package, but for your YOE it should be around 23-25LPA as fixed minimum. And what's your CCTC?
You just take it and then switch again next year. It's the fastest way to reach your desired package! Or even better if they are willing to match it!
But do remember you will be getting really less in VP!