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20.0¢ osprey medical inc

Ann: Consolidation/Split - OSP, page-130

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Pierzzxx

227 Posts.

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24/09/21

21:43

Post #: 56338026
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Originally posted by Comptonfarm: ↑

Haven't been following this too carefully but. If before stock split I had
1,125,000 shares and price was 1.1 cents
Now after split I have
11, 250 shares and price is 0.83 cents.

So the paper shuffle has cost me
12, 375 - 9, 337.5 = loss 3,037.5

Am I correct in this analysis?
What benefit did I get from this 3,000 cost?

Expand

Originally posted by Comptonfarm: ↑

Haven't been following this too carefully but. If before stock split I had
1,125,000 shares and price was 1.1 cents
Now after split I have
11, 250 shares and price is 0.83 cents.

So the paper shuffle has cost me
12, 375 - 9, 337.5 = loss 3,037.5

Am I correct in this analysis?
What benefit did I get from this 3,000 cost?

Expand

Shareholders haven't get any benefit from this consolidation.
The consolidation just helped the liquidity.
From this point, the SP should rise 33% to reach where it was at 1.1c before consolidation.
And from that point, SP should jump another 300% to reach where it was 10 months ago

OSP Price at posting: 87.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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