So ~76% of total votes cast in favor of $CHK reverse stock split. Board has decided ratio will be 1:200.
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Requested Long Put Option on 3 platforms. Denied. Nobody will bet on this dumpster fire.
Chesapeake controlled unissued shares not divided by 200. What a ripoff to common shareholders.
Nowhere to go but down from here. A great stock to short.
I don’t think this helps anything.
Grab your popcorn Watch the $34 stock drop back to .13¢. This is the biggest corporate dumpster fire in history.
Ill informed, lack of industry knowledge, me first leadership will get you back to .13¢ shares anyway. Too bad, some very productive acreage and lean, effective workforce on the ground in BV and Sayre.
Sweet, been there 20 years and now have 25 shares of stock. Smh
Actions of a few effects has an affect on many! Thanks Doug and the board..
Say goodbye to daily Most Active stock
Now the stock just needs to rise to $16,000 to get back to all time highs
Perpetuating theft to shareholders
After split, $CHK's common stock on NYSE will be 22,500,000 shares, down from 3,000,000,000 shares prior.