UNS unilife corporation

"A secondary benefit of a reverse split is that by reducing the...

  1. 1,247 Posts.
    "A secondary benefit of a reverse split is that by reducing the shares outstanding and share float, the stock becomes harder to borrow, making it difficult for short sellers to short the stock. The limited liquidity may also widen the bid-ask spread, which in turn deters trading and short selling."

    Read more: Reverse Stock Split Definition | Investopedia http://www.investopedia.com/terms/r/reversesplit.asp#ixzz43rRBQJnL
 
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Currently unlisted public company.

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