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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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Commenting to follow. I am always looking for new books to add to my reading list.
I feel like i only ever see the same 7 out of those 50! I'd recommend The Ascent of Money by Niall Ferguson and The Rational Optimist by Matt Ridley
Meh, a lot of the ones on social media are popular for a reason. Sometimes the reason is a great marketing team, and other times the book is just great. The 10X financial advisor was very helpful to me even though people are annoyed with 10X culture *shrug*.