Sep. 12 at 1:04 PM
$SNDL Higher share prices resulting from a reverse split can indeed attract institutional investors, because some funds have minimum price thresholds or avoid stocks trading below a certain price. For SNDL, which is trading around
$1.30, a 1-for-5 split could raise the adjusted price to about
$6.65, potentially opening the door for such investors. But they won’t buy automatically. Fundamentals such as growth, cash flow, and U.S. operations remain crucial. If, for example, SNDL trades at
$5 to
$10 after the split and there is good news about its U.S. operations at the same time, that COULD even be a positive factor in the medium term.
