why would anyone buy , if the are interested in cen bio..you can't buy cen bio shares until the spin-off, because existing shares are fitx....and if you sell now. you loose the spinoff shares..sshorts and people who want fix are the only ones who should buy
the only reason fitx would ask for an extension is because they have a very weak case and they know that a second rejection is the end..if you have a strong case , you don't give a reason that there is a government change going on , and out case will sound better to them
don't forget the 700 to 1 spin off..that makes the price look artificially higher, but, your right, you don't spin off a larger piece of the company than what remains...the problem i have is there is no info on what is going on..
I would expect fitx to go to .003 and cen bio to about 2.10...after that, who knows, but I see no big jump up.
unless they are attacking with plug fork trucks..what has this to do with this board
assuming you are serious..when the spin off occurs, you (your account) will be issued the proper fractional share that is appropriate...whether you will be issued 1000.6 or .6 shares, it will be treated the same