Allstocks.com's Bulletin Board: FORWARD SPLITS

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Topic: FORWARD SPLITS

shomethamoney
Member

posted

Hi Magnetic,

Where can I find info for forward splits?

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shomethamoney

Posts: 1260 | Registered: Aug 2005 | IP: Logged |

*Mag*
Member

posted

shomethamoney you have a PM waiting for ya.

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Posts: 3897 | From: New York | Registered: Jan 2004 | IP: Logged |

keithNJ
Member

Rate Member

posted

do foward splits dilute o/s shares,,,

say a 15:1 split ??

say the o/s before of 100 shares would go to 1500 ??

thanks

Posts: 261 | From: NJ | Registered: May 2005 | IP: Logged |

*Mag*
Member

posted

Quick answer - yes; look at PAIM Pearl Asian Mining Industries, Inc. Forward Split. Sometimes though it can add liquidity to the stock so it's not always a bad thing.

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Posts: 3897 | From: New York | Registered: Jan 2004 | IP: Logged |

*Mag*
Member

posted

Example - The Company completed a forward split of its common shares on a 5.53846 for 1 basis. Prior to the split, the Company had 7,775,000 common shares issued and outstanding and after the split the Company had 43,061,532 common shares issued and outstanding.

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Posts: 3897 | From: New York | Registered: Jan 2004 | IP: Logged |

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