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danpaddyandy
Guest
Hi folks,
Under what circumstances would the share price of a company be reduced to half in the space of one working day,and the yearly high and the yearly low also approximatley halved.I dont believe the bottom has fallen out of this company as there are no reports of same on any news bulletins.websites etc.Would this be known as share splitting and if so why is it done?what are the advantages?
Kind regards,
DPA
Under what circumstances would the share price of a company be reduced to half in the space of one working day,and the yearly high and the yearly low also approximatley halved.I dont believe the bottom has fallen out of this company as there are no reports of same on any news bulletins.websites etc.Would this be known as share splitting and if so why is it done?what are the advantages?
Kind regards,
DPA