RE: SPinvest updates - Steemit communities, SE exchange, possible token split and more
Effectively, a 6-for-5 split. But would it affect all tokens, as a stock split would, increasing the float to 1.2 million? Or would the split affect all holders except @spinvest meaning that @spinvest’s holdings would drop while everyone else’s would increase by 20%?
We should also consider the effect on outstanding bids and asks on the Steem-Engine exchange. Would a split effectively screw over anyone having outstanding bids by letting sellers basically take advantage of them?