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Message: Re: 10 for 1 split info/???

Oct 25, 2008 07:10AM

Oct 25, 2008 07:45AM
1
pej
Oct 25, 2008 08:45AM
4
Oct 25, 2008 09:18AM

This is probably hair splitting but the correct way to write a reverse split is 1 for 10. This is a short form for one new share for every 10 old shares. A 10 for 1 reads 10 new shares for every 1 old share. If I ruffle feathers I'll apologize, but I was broughgt up that way. The teaching didn't go over big with me while I was younger, but as I grew older ( and hopefully wiser ) it has come through.

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