Mar. 21 at 7:35 PM
$AMC 10-1 split seems very unlikely at this point because of the recent NYSE delisting rules restricting repeat offenders. A 10-1 split will not give this company enough cushion to stay above the
$1 requirement long-term given their history w/ post-split volatility and dilution.
Management will look to make sure this next split is one-and-done so look forward to a higher ratio (25-1 or 50-1) RS proposal bundled with a share increase proposal a month or two before their annual shareholder meeting in September.
