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by jfk13 1874 days ago
> the next highest share price is two orders of magnitude lower

Two orders of magnitude isn't really very much headroom.

2 comments

In this domain it is quite a bit of headroom. Normal companies just avoid the problem by splitting before they get even within two orders of magnitude.

So if this next-closest share price got closer to the limit, it would almost certainly split long before it became within one order of magnitude of the limit.

BH is just a different duck that way.

Normally issuers would just split the stock. When investors' systems break because your quote is 100x anyone else's you're just making everyone's job harder.