Could someone translate this for the financially impaired?
(I’m assuming that the NYSE won’t trade their stock because its value is too low. Is that what this means?)
You’re assumption is correct!
Correct......this BS that it was “planned” is just that: BS. They were probably going to be kicked out, so to save the regime some embarrassment, they got out in front of it and said it was “a plan.”..............
It’s the financial equivalent (well, sort of) of a farmer being dropped as a supplier of tomatoes to the A & P and being forced to sell his produce at the local farmer’s market.