Joel,
*** I've been watching the comments re: our GIFS space opera. This comments follows from info shared before the Pre-4/17 episode heated up. BTW, I missed all the stuff until noon CDT today. I spent yesterday afternoon BBQ'g pork steaks, brats, hamburgers and hot dogs for our company. With what I know now, it's hard to tell where I could have had more fun - at the BBQ pit or SI GIFS? Unless something strikes me as needing comment (I'm hold my tongue rather than reacting to some of the serious mouth work going on. What an education! ***
Per your comment: This is solely a scenario. If I wanted to keep the stock a little above the commonly stated "$5 floor rule" for fund managers and institutional investors, and I wanted to increase the float to a level that will make these guys more comfortable about liquidity (another commonly stated "rule"), then my scenario calls for about $15 price before a 2-for-1 split. Conservatively, you "could" assume a little price slippage, so the stock price would reasonably be in the $5 to $7 range. In a 3-for-1 split, the price should be about $20-$21 so you can achieve $5 to $7 after the split (again, assuming conservatively a little slippage).
And, indeed, the adventure continues.... |
