ACB took reverse stock split last month by 12:1 as its a NYSE requirement to stop trading for stock under $1… I think it took place on 11May if I’m not wrong. Since reverse stock split it’s completely unacceptable to display under $1 price by any stock broker unless stock tanks again.
So shares were reverse splited and the stock price on left side of £14.23 will reflect more accurate price.
The reverse stock split of Aurora was not being adjusted for in our charts and hence the difference. We have now fixed the issue and you should see the adjusted chart in your app
Is anyone else keeping an eye on this stock? Earning results on Friday morning after US market close. From what I have gathered on the news, annalists predict loses for the company and still the stock price is going up. There’s also a forum on reddit, obviously suggesting to buy and hold.
not sure if i want to jump at this without havving way deeper look. i think they burning trough cash too fast and keep adding more shares to finance the burning
Does anyone know why aurora started so high and also what happened in the business to cause it to drop from 110 per share ?
I’ve tried to Google but can’t find a definitive answer.
I’m just imagining/dàydreaming about Cellular/MGC/Kanobo getting up to 100+ lol
One can dream;)