Don't think stock split has anything to do with deal.
If deal was done then management would announce the deal and propose the stock split both at sametime. 50% share and 50% cash never required a stock split, the fraction of shares can be handled through cash adjustment (Like ETO Adjustment happens in ASX).
None of us thought or guessed that the stock split coming or will be a pre-requisite to sucessfull deal.
- Forums
- IPOs
- Phoenix Water - PXW - Lithium - 100x
Phoenix Water - PXW - Lithium - 100x, page-1855
-
- There are more pages in this discussion • 383 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online