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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
$DPZ 370c 3/27
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I like the company. CEO is former head NASA guy. Realistic share price.. hard to say. Space is a new frontier so not exactly sure of e possibilities but I like the concept of space travel.