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Don’t Be Fooled By Eagle Bulk Shipping’s 2223.53% Explosion (EGLE)
Seeking Alpha (registration) The old common shares were cancelled and replaced with “new” common shares. Old shareholders got a 0.5% equity interest plus 7.5% in warrants. 0.5% equity of the new share structure is the mathematical equivalent of a 1 for 107.6 reverse split before … |
