ATH 0.00% 0.3¢ alterity therapeutics limited

405.555 shorted, page-5

  1. 921 Posts.
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    Early in the New Year, it will most likely get to at least 30 consecutive business whereby the share price of ATHE on the NASDAQ has closed below the minimum $1.00 (USD) share price requirement for continued inclusion on the NASDAQ market place. At that stage, the company will be notified and given 180 days to regain compliance with compliance being 10 consecutive business days of the share price being $1.00 or more. With the current share price at $ 0.72 USD it’s hard to see how the share price will increase by 30%.

    Hopefully the solution will be to make some important exciting announcements regarding PBT2 or ATH434 and not another reverse share split. The long suffering shareholders deserve to be rewarded after 15 years of disappointments.
 
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