General Betting

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The Investor
02 Dec 09 18:24
Date Joined: 05 Jun 06
| Topic/replies: 5,030 | Blogger: The Investor's blog
I'm looking on Reuters:

Why did Betting Promotion go from 1.40 SEK to 29 SEK in one day from 9-10 September??
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Report Lori December 2, 2009 7:30 PM GMT
Reversed split of shares
The reversed split of the Betting Promotion share was executed during September. 20 old shares were exchanged with 1 new. After the reversed split the share capital, which amounts to SEK 19,983,570, is divided over 9,991,785 shares with a quota value of SEK 2.00 per share.

Detailed stuff there, almost all of which is over my head.
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