Q: With Alexander Energy announcing a 4 for 1 share consolidation and Renegade trading in the $1.40 range, I what is the best way to play the merger of these two companies? What would ALX stock have to trade at to make them worth buying given the consolidation and merger? ALX is issuing a number of new shares tomorrow......what is the impact on future pricing?
Thanks,
DON
Thanks,
DON