AMC TRUE SHARE PRICE AFTER REVERSE SPLIT! - AMC Stock Short Squeeze Update
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Links;
https://www.sec.gov/Archives/edgar/data/1411579/000110465923020458/tm232700-2_def14a.htm
https://twitter.com/PeterRHann1/status/1633166353875234816
https://twitter.com/Person978493971/status/1632388372407767040
https://twitter.com/4F3nk/status/1632883168125636608
What price will AMC be after the reverse split and APE conversion? How will the reverse split impact the AMC share price?
I think there's two main scenario's, scenario 1 acts similar to a business combination, (AMC market cap + APE market cap) divided by (AMC share float + APE share float). Gives you the post conversion market cap, then divide by 10 gives you the total post split shares.
Then Market Cap divided by total shares = AMC share price.
However, John Merriweather thinks APE will convert to AMC shares at the AMC share price on that day, so its basically AMC share price x10.
Both give good numbers, but both have tons of variables as the price of AMC could run before the split date.
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