the passage mentioned in the reverse split also mentioned reverse merger which means that petrohawk is trying to go public because it thinks it reached the growth rate of a public traded company, here is the link for explaination of reverse merger:http://www.entrepreneur.com/article/0,4621,300886,00.html
Yes, but BETA isn't dormant.
How else would you call it? having a trading volume of 10,000 a day? that's dormant!
Ok I think I get it, but when u lose half of your shares, the stock will double?
That's correct, the price will double.Normally if it's in a bearish trend, or the company is doing horrible, i would suspect that the reverse-split is a bad sign to make the company to look more valuable than it is.but in this case, i believe it's a good sign if you look at the evidence behind it.