To: Alys Hall who wrote (1159 ) 1/27/1998 2:54:00 AM From: Maurice Winn Respond to
"Or will we now be left with a debate, useless though it may be, on whether or not the stock gets delisted." I'm not sure, but I think with a market capitalisation of $28 million, Techniclone stays listed even though it might drop below $1. $1 is the limit for much lower capitalisations - not sure what, but I think more like a couple of million dollars. So there is a long way to go before you need contend with that. Maybe wrong, but that's my understanding. Even then, the assets of the company don't go away. You still own a going concern with maybe big profits to come. It is irrelevant to owners what new buyers are paying for shares - apart from dilution in which case you should be getting an opportunity before new shareholders to put more money in to maintain operations and your proportion of shareholding.
