Reality is the share price should adjust for the d

Reality is the share price should adjust for the dividend on 12/3, so whatever the price is, it should go down to 1/21. So if it is $13, it should go down to $0.6190/share. As we have learned many years ago, the market cap does not change on that day so the price has to go down for the increased shares. That being said, I would hope GNBT has a lot of news lines up to release around that time to support the share price. Because we also know that NASDAQ requires a $4 share price to uplift, so we need about 6.5 times the $0.6190 price. Therefore we want a pre dividend price of $84.50/share.

Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.