Anoremalous. Alright, your stuff confuses me. I think it's more mathematical gibberish than anything. All I am saying is that our margin of profits are suffering due to to this reverse split. Granted, it depends on the ceiling of the company. And I believe the ceiling would be the similar regardless of consolidation. Now this is where the argument against my point could be made. Personally, I think that PEK would have achieved the same milestone of 6-10 dollars a share in 3-7 years regardless of the reverse split. The reverse split really rewards the management.
1,000,000 share after reverse split = 100,000 shares
100,000 shares times 6 dollars = 600,000 dollars, nowhere near 6,000,000 dollars.
I don't know about you all but I am in this for making money...and to invest in companies i believe in.
It's about profit margins and after the consolidation our profit margins shrunk drastically.
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18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $49.28M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 18.0¢ | $16.42K | 90.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 101569 | 18.0¢ |
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Price($) | Vol. | No. |
---|---|---|
18.5¢ | 34939 | 1 |
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No. | Vol. | Price($) |
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3 | 101569 | 0.180 |
3 | 469624 | 0.175 |
4 | 828674 | 0.170 |
1 | 212886 | 0.165 |
3 | 253156 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 34939 | 1 |
0.195 | 71880 | 2 |
0.200 | 5500 | 1 |
0.215 | 10807 | 2 |
0.220 | 18500 | 1 |
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