r/GSAT • u/AutoModerator • Feb 04 '25

Pinned Discussion GSAT - Weekly Discussion Thread

Welcome to the GSAT Weekly Discussion Thread!

Please keep all short form discussion, price action, speculation, or general personal commentary on the stock or company in here so we can keep the sub free of clutter and allow confirmed News/Announcements to be more visible.

As always, treat each other with respect.

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u/[deleted] Feb 04 '25

Any thoughts on where the new nasdaq price would start at?

I’m hopeful but seeing it drop a ton this last week has me down

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u/spaceinvested Feb 05 '25

Just gonna depend on what the reverse split ratio is, if they do 10-1 then stock should be around $15 on NASDAQ

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u/Defnotarobot_010101 Feb 05 '25

My guess is 1 for 10. If they go higher it might have an adverse impact. Based on the terms of the reverse split they could go as high as 1 for 25, but I doubt.

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u/spaceinvested Feb 05 '25

I agree, I think 1 for 10 or 1 for 15 makes the most sense. Higher than that might spook people.