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erick79


Chairman (CEO)
Nationality:
United Kingdom
Total Shares: 1900
Estimated value:
1348.61 Gold (Details | Refresh)
Estimated value per share:
0.71 Gold
Daily shares trade value:
0.00 Gold
Total shareholders: 4
Total companies: 0


Act type: Proposed by:
Poll

Do you agree with the following question:

Do you agree to split stock 2:1?

Reason:

The has been a large run up in share price recently, however once share price went up to ~7.2g, share trading began to suffer. Though our stock has had exceptionally high returns since the IPO, and Mixama is continuously outperforming most of the stock market rivals, our current issuance has not got sold for days now (both our IPO and the following allotment got sold out within hours). I think this is because our shares are too expensive. Not compared to our outstanding performance, but nominally, per share.

Pros:

- potential increase in the volume of shares traded
- future issuance could sell easier
- small investors prefer shares which are priced below the 5g limit
- divident yield, share percentages would remain unaffected
- EV/share would return to the 1-2g range

Cons:

- splitting shares would cost the company 0.05g per share (as when issuing)
- adjusted close price is not supported by the historical price charts (in-game), so when stock got split, the corresponding split of share price would look as a drop
Tony Kreutzer


11 years ago

Voting finished
11 years ago

0
Yes

0
No


Supporting shareholders Shareholders against
Nobody

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