When a company such as WGBS conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the WGBS split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WGBS shares, starting with a $10,000 purchase of WGBS, presented on a split-history-adjusted basis factoring in the complete WGBS split history.

About WGBS

WaferGen Bio-systems is engaged in the development, manufacture and sale of genomic technology solutions for single-cell analysis and clinical research. Co.'s ICELL8™ Single-Cell System can isolate thousands of single cells and process specific cells for analysis, including Next Generation Sequencing (NGS). ICELL8 is based upon Co.'s SmartChip platform which is also used for profiling and validating molecular biomarkers. Co.'s SmartChip can perform massively parallel singleplex Polymerase Chain Reaction for one-step target enrichment and library preparation for clinical NGS. Co.'s Apollo 324™ system can be used to process Deoxyribonucleic acid and Ribonucleic acid from clinical samples. According to our WGBS split history records, WGBS has had 1 split.

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