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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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e-red is the preliminary prospectus bookmarked pdf that underwriters send to investors in connection with launching the offering. the other is probably the final prospectus bookmarked pdf, also sometimes called “e-blue” by printers (though that may be the proof to be printed physically)
Thank you! Basic questions I can’t always ask at work and not good to not know this in the future.
This is definitely a question you can ask at work. Don't bug the partner right before a filing, but just about any second or third year who's done a few cap markets deals will be able to answer this.
Ok that nep is useless.