Our CEO, Irwin Simon, shares a direct message to shareholders regarding Tilray’s reverse stock split. Click to read the full letter.
David Galvan
2d
Historically, this almost never goes well, and to do this right after the company goes over a dollar is really a kick in the face to everyone that has been investing.
vullnet l
2d
Investors dont trust irwin 2% !!
David Galvan
2d
At the moment, if TLRY went to 10 dollars, it would have a 10 billion dollar market cap, so I understand the move. Historically, a reverse split doesn't end well for investors, the stock price tends to get beat down to where it was before the split. Here's to hoping!
David Galvan
2d
Also this reverse split was decided upon in a special meeting, not an actual shareholder vote. Must be nice to be king 👑
🤦♂️