![]() ![]() ![]() Looking at the CNET split history from start to finish, an original position size of 1000 shares would have turned into 1600 today. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. The $5 and $10 pricepoints tend to be important in this regard. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. When a company such as ZW Data Action Technologies conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This does not always happen, however, often depending on the underlying fundamentals of the business. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. When a company such as ZW Data Action Technologies splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. For example, a 4000 share position pre-split, became a 1600 share position following the split. This was a 4 for 10 reverse split, meaning for each 10 shares of CNET owned pre-split, the shareholder now owned 4 shares. CNET's third split took place on August 19, 2016. For example, a 2000 share position pre-split, became a 4000 share position following the split. Split, meaning for each share of CNET owned pre-split, the shareholder now owned 2 shares. CNET's second split took place on June 01, 1999. For example, a 1000 share position pre-split, became a 2000 share position following the split. The first split for CNET took place on March 09, 1999. Fundamental company data provided by Morningstar, updated daily.ZW Data Action Technologies (CNET) has 3 splits in our CNET split history database. Stock quotes provided by InterActive Data. The gurus listed in this website are not affiliated with, LLC. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Past performance is a poor indicator of future performance. In no event shall be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on, or relating to the use of, or inability to use, or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Gurus may be added or dropped from the GuruFocus site at any time. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Under no circumstances does any information posted on represent a recommendation to buy or sell a security. This investment adviser does not provide advice to individual investors. ![]() It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. is not operated by a broker or a dealer. ![]()
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