PSD psivida limited

PSDV fell overnight to close at 0.95 (=PSD 0.11) on pretty good...

  1. Pezzimist
    360 Posts.
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    09/08/07
    09:41
    Post #: 2696965
    PSDV fell overnight to close at 0.95 (=PSD 0.11) on pretty good volumes.

    PSDV can't trade below $1 for too long or it will be delisted from Nasdaq. I don't know the exact rules, but if it looks like happening the obvious solution is a share consolidation (e.g., 1 for 10). That's a complication to future tax returns I can do without.

    Pezz
    PSD Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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