Re: reverse split a good thing, coused a big drop along with Sheldon
posted on
Aug 18, 2014 10:27AM
Here's another option...SI decides that after being offered options, it will result in him having to sell into market strength and declines the offer to save shareholders, and himself, millions. He accepts the options at the next AGM (2015) when the share price is (hopefully) much higher and selling a million won't hurt the SP so significantly.
SI didn't have to sell.