sirdean, reverse splits have a negative effect on market capital more often than not. In the case of CDE, however, the company had little choice if it wanted to ensure the continuance of its NYSE listing, so it was the lesser of 2 evils. The share price of this company will continue to be driven by the direction of the price of silver. If you have confidence in that, you have little to worry about.
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share split 26/05/2009, page-3
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