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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?

To: Syl98 who wrote (706)7/10/1999 2:13:00 PM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 776
 
If they do a reverse split 1 for five for example. 1000 shares of SBX now, will become 200 shares of the new company.
Share price may not necessarily increase 5 fold to reflect the reverse split. So there is no guarantee your portfolio will remain constant.

Once the dust settles, Market Cap divided by outstanding shares should give us a general idea of share price.

Anybody else?
FCDs


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