SCOTTIE RESOURCES ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION
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Scottie Resources Corp. will implement a share consolidation at a 6:1 ratio, effective December 3, 2024. This will reduce the number of outstanding shares from 299,819,618 to a smaller number, potentially impacting stock liquidity and price.
November 29, 2024 | 2:30 am
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Scottie Resources Corp. is consolidating its shares at a 6:1 ratio, effective December 3, 2024. This will reduce the number of shares and could affect stock liquidity and price.
The consolidation will reduce the number of shares, which can lead to changes in stock liquidity and price. However, the fundamental value of the company remains unchanged, making the short-term price impact uncertain.
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IMPORTANCE 70
RELEVANCE 100