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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (2254)6/2/1998 9:58:00 AM
From: Dave Bissett  Read Replies (2) | Respond to of 4142
 
Gary - I'd appreciate your analysis re: whether or not the 3:2 split will reduce the P price by 33%. I know each P will still be equivalent to 35 commons but realizing that value would require conversion. In the mean time the P price would have to regain it's ground. Thanks.

DB



To: Ga Bard who wrote (2254)6/2/1998 10:11:00 AM
From: Gary Lutz  Read Replies (3) | Respond to of 4142
 
Clarification,the original dividend would have given you 500 shares if you were holding 1000 shares .Now with a 3/2 split if you hold 1000 shares you would receive 666 shares,right or wrong ?


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