224 Holy 💩 Eyes on 👀 ! GameStop is up 15% on news of potential stock split. Will it be 1:2 or 1:5 or maybe 1:7 ??? This will open the floodgates as they will have to count actual existing shares. Synthetic fake shares can no longer hide! (seekingalpha.com) posted 2 years ago by What-Me-Worry 2 years ago by What-Me-Worry +225 / -1 70 comments share 70 comments share save hide report block hide replies
There will be a request to increase shares available from 300,000,000 to 1,000,000,000 (increase of 3.33x). However, it is not clear how many of those new shares will be used for the split. It could be more or less. We shall see!
Thanks that makes more sense