Do you think they will do an RS in order to get us onto another exchange, or for a M&A?
As this would give them additional money, so to speak.
I have always been in favor of a split if the right conditions exist. For me to be happy with one, the price would have to be not less than $1.00, there is a definite M&A candidate, and revenue/income is shown to be increasing.
By way of example:
A repost:
MSTR was trading at $.48 on July 30, 2002 when it did a 1-for-10($4.80 post split), and now?
Depth/Level II for MicroStrategy Inc. (MSTR) |
|
$ 89.72
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-0.06 (-0.07%) |
Volume: 0 |
16:00 EDT 29-Apr-2008 |
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With the fundamentals in place, they not only work, they work exceedingly well.
Be well