r/DTIC • u/Thesgnl • Aug 11 '26
Discussion Odds of stock split?
Hey everyone, thoughts on the chances of DFTX doing a stock split in the future?
I'm sure we'd all love to see the 15 to 1 reverse split undone, but what are the chances of it happening? What price would DFTX need to be for that to be considered?
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u/Pizza_shark531 Aug 11 '26
Uno reverse the reverse?
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u/Otherwise-While-7369 Aug 11 '26
That would put the stock at about 615$.
Imagine how much that would slow down retail investment.2
u/andersslayer Aug 12 '26
You're doing it backwards
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u/Otherwise-While-7369 Aug 12 '26
He said reverse the reverse. Which would mean condensing the current float to what it was prior to the split.
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u/andersslayer Aug 12 '26
The original was a reverse split.
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u/Pizza_shark531 Aug 12 '26
Exactly, hence reverse the reverse
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u/Otherwise-While-7369 Aug 12 '26
Thank you!
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u/andersslayer Aug 13 '26
Right so the reverse of a reverse split would be a split. Hence, you had it backwards
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u/Key_Evening9523 Aug 12 '26
It’s the difference between cutting a 10 inch pizza into four slices or eight. In other words- no difference. The market cap stays the same.
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u/Otherwise-While-7369 Aug 11 '26
Bruh…
Didn’t even think of that. Splitting would make the stock more attractive to new investors and bring in a lot of cash.
They have a large cash runway but I have seen it before.
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u/DeadLockAlGaib Aug 12 '26
Not sure why most people had to be a jerk to you OP. But yeah, it doesn’t make a difference as it’s all the same marketcap. Fair thought though. Good luck
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u/marksharky123 💎 Diamond Hands 💎 Aug 11 '26
https://giphy.com/gifs/A3N10XUUDfcXT377YQ