"A security must meet the applicable closing price
Post# of 36537
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Posted On: 08/27/2019 9:09:09 AM
"A security must meet the applicable closing price requirement for at least five consecutive business days prior to approval."
Now that makes more sense. It still does not provide much of a safety margin, but it does give mgmt. and Donohoe an opportunity to respond. If the pps is being manipulated downward, genuine news and performance should cause the pps to rebound accordingly.
Now that makes more sense. It still does not provide much of a safety margin, but it does give mgmt. and Donohoe an opportunity to respond. If the pps is being manipulated downward, genuine news and performance should cause the pps to rebound accordingly.
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