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Message: Re: Nasdaq good or bad
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Jan 16, 2022 03:50PM
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Jan 16, 2022 04:34PM
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Jan 16, 2022 04:40PM

Slab, I appreciate your optimism, but the NASDAQ is not a PANACEA. :)

Still, I think it's very positive. 

And I don't worry much about the split ratio.  The reason that we want a 1 for 3 instead of a 1 for 10, is that, given a target of our post split price of, say US $10,  a 1 for 3 would imply a US$3.35 share price. To hit the same price target at our current price, it's more like 1 for 14.  

Of course we'd rather be at 3 and change than .70!!  

Bekieve me, if we were at US$3.35, I'd be really pleased with a 1 for 100 reverse split!  It's all about the price at split time, not the ratio.  

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Jan 16, 2022 05:18PM
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