Antex Biologics (ANTX) Message Board

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Biotech / Medical : Antex Biologics (ANTX)

ANTX 1.050

-3.2%

Dec 1 3:57 PM EST

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To: Amigo Mike who wrote (652)	1/8/1998 10:28:00 AM
From: Will Lyons	Read Replies (1) of 1476

Hello Mike A reverse split of one for five would put antx at just above the level that could be margined at some brokers. Funds would still not be interested in investing in a company that had fewer than five million shares outstanding. Brokers do not follow because they could so easily smother such a small issue. Most reverse splits are made in order to protect a listing and that may be what ANTX will have to do but it probably wont help the stock . Only real results rather than window dressing and/or cheerleading will have any lasting effect.

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