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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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Hi! Sorry to hear about that.
Did you have a chat with your Manager to discuss what has happened and what the next steps are?
Wish you all the best!
How is that possible? Didn’t you have checkpoint meetings with your manager to keep reminding or her to remember and talk about? This is not oops moment. This is costing careers here. What’s the plan B? Is there interim year promotion happening?
In the same boat and now pregnant so not in the position to leave 🙃