Oxford BioMedica PLC (OXBDF)

[marcusl2]

OXB are doing a share consolidation of 50-1. Some are speculating that they may be considering listing in the USA.

Further to my #164, I note the following for NYSE -
"The New York Stock Exchange has two sets of listing standards for international companies: domestic standards and worldwide standards. Regardless of which standard is used, an international company must have a minimum share price of $4 at time of listing."
[From HTTPS://www.nyse.com/get-started/international/choosing-the-right-listing ]

NASDAQ appears to have a similar rule applied to a peiod of 90 days prior to listing.

This would clearly justify a 50:1 consolidation against my earlier suggestion of 20:1 being preferable or adequate.

The limit for AMEX is $2.00.