Cistron Biotechnology(CIST)$.30 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Cistron Biotechnology(CIST)$.30

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. John M. de Castro who wrote (1641)	11/9/1998 4:33:00 PM
From: rkrw	Read Replies (1) of 2742

John, A stock split (2 for 1, 3 for 1 etc) is designed to enhance liquidity via a higher share count. Think of a reverse split as the opposite. A float of less than 1M shares will not create a more liquid market whether you list on the NASD, NYSE or Istanbul. Spreads will be wide and it will be difficult to enter and exit, just as it is currently. Further, I believe there are listing requirements concerning shares outstanding, as well as market value. A better bet would be to wait if/when the stock gets to higher levels and attempt a listing at that point with a less onerous split.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next