Ubisoft offering to split (s)hares at annual meeting
We checked with analyst extraordinaire Michael Pachter to find out what this stock split means. Poking his head up from charts and graphs – flicking his abacus a few times just for show – he simply said, "It's not really a big deal." Pachter explains that commissions are higher if an investor buys fewer than 100 shares so: 100 shares at €65 requires €6500 in funds, or around $10,000. Since individual investors don't like investing that much in a single stock, by splitting the stock, the cost of 100 shares is cut to around $5000.
That explained, Pachter turned his attention with giddy anticipation to the crystal ball he just received from Mystics 'R' Us in Eastern Europe and concluded, "It's really that simple."
Reader Comments (Page 1 of 1)
F1 @ Aug 18th 2008 3:19PM
http://paizo.com/image/product/catalog/PSS/PSS734210XL_500.jpeg
Simple.
juju187 @ Aug 18th 2008 4:19PM
+1 for picture explanation
dark_inchworm @ Aug 18th 2008 3:19PM
image = lollarity
Jakka - The Heavy wants his sandwich back! @ Aug 18th 2008 3:22PM
1.Axe Raving Rabbids
2.Develop a REAL Rayman Sequel.
3.Make Millions.
How do you like my plan Ubisoft?
Mr Khan @ Aug 18th 2008 3:51PM
Raving Rabbids is the reason that a new Real Rayman doesn't exist
Equally, however, it IS the reason that BGE2 exists, since the guy who creates both was mad about having Real Rayman axed.
Jakka - The Heavy wants his sandwich back! @ Aug 18th 2008 4:20PM
BEG...now I really need to play this game, even though I took Psychonauts as a target first.I'm on the Milkman Level now and it's fucking crazy.
Also, in my defence I've always looked for BEG at shops & second-hand but they never had it anywhere.But as soon as I'm done with Psch I'll either Steam or Ebay it with torrents being my last resort.
PS: Also Michel Ancel wasn't making Rayman 3 and it was still a great game.Ubi could revive the franchise but I guess that wouldn't be as profitable as Rabbids. Still hooray for BGE2!
John Z @ Aug 18th 2008 3:39PM
We might think it's silly, but rest assured, those shareholders will be laughing all the way to the BAAAAAAAAAAAAAAAAAHHHH!!!nk.
Jakka - The Heavy wants his sandwich back! @ Aug 18th 2008 3:40PM
Or HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!spital in the WAAAAAAAAAAAAAAAAAAAAAAAGH!!!mbulance if they decide to announce a new Rabbids game!
ice~ @ Aug 18th 2008 3:45PM
I want my SC: Conviction!!!!!!!!!!!!!!!
Guzzie @ Aug 18th 2008 3:57PM
Bring back Tonic Trouble.
Please Ubi?
Mr.ESC @ Aug 18th 2008 5:28PM
Wait they develop Tonic trouble,I liked that game back in the day.
Second that.
thispaceforsale @ Aug 18th 2008 4:23PM
pachter is right, there was a time, due to brokerage fees, that stock splitting mattered. This is no longer the case with online brokerages offering $5 trades- or free trade even. To the small investor, stock splitting still does matter- Berkshire shares are inaccessible to most people because the stock did not split.
But 10 shares at $60 or 20 shares at $30 is the same money.
db26 @ Aug 18th 2008 6:31PM
There is also a big psychological difference between trading cheaper and more expensive stocks. And around $60 is usually that mark. I'd say this effects the day-trader more so than anyone else. The investor won't really care about this split.
Mr.ESC @ Aug 18th 2008 5:31PM
The rabbids are awesome but Ubi ports are abusing of them, so one call PETA FGS (I know they aren't real).
I want a new and properly done Prince of Persia, Tonic Trouble and a Rayman platformer with the rabbids. I know ubi isn’t there to make my dreams come true but never forget that Ubi likes my money.
Bouille @ Aug 18th 2008 5:47PM
Hey Ubi! Prince of Persia WITH rewind time feature plox?
Alzheimers @ Aug 19th 2008 11:23AM
"Since individual investors don't like investing that much in a single stock, by splitting the stock, the cost of 100 shares is cut to around $5000."
Or, they can just buy 50 shares, and still spend $5000.