ImpartialOne
Guest
I would have to agree; - it seems CNH is cash-poor and asset rich. I think you'll see the amalgamation_discontinuation of some of thier Industrial lines.
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Combines JD bashing
Irv
Guest
What about resale values telling the value of a machineIJ
Big_Al
Guest
I am just curious I had noticed that CNH's share value had gone up alot in the past 52 week period so if the reason is this reverse 5 -1 share split I am asking exactly what is a reverse 5 - 1 share split. I am considering buying some CNH shares but would like some more info. Thanks
newguy
Guest
If you had 5 shares now you only have 1.
Farm_Kid2
Guest
The thing to remember about any share split is that it is revenue-neutral for everyone involved. There is no money changing hands. If a person owned 500 shares of $1 stock and it went through a reverse 5-1 split, they would simply have 100 shares of $5 stock afterwards. In each case they could sell it for $500. Traditional splits help keep the share price down which is nice in some ways because anyone can go buy a round number of shares....say 100 or 1000. Reverse splits are required to meet the requirements of the stock exchange. They will delist a stock trading for pennys.