Hyperdynamics Corp (HDYNQ)

[Cougar6]

It is not just bursting up to $1.00 - it has to stay there fore 30 consecutive days. That has not been the recent record.

"An issuer will be considered to be below compliance standards and accordingly may be subject to suspension and delisting if the average closing price of its listed security is less than $1.00 over a consecutive 30 trading-day period. Once notified that the issuer is below compliance, the issuer has six months to bring its share price and average share price back above $1.00. The issuer must, however, notify the NYSE, within 10 business days of receipt of the notification, of its intent to cure this deficiency or be subject to suspension and delisting procedures. A failure to satisfy the minimum price requirement will be deemed cured if the
price promptly exceeds $1.00 per share, and the price remains above $1.00 per share for at least the following 30 trading days.(NYSE Manual Section 802.01.C.)

See http://uk.reuters.com/article/2009/02/24/us-nyseeuronext-sb-idUKTRE51N5EO20090224 for talk of easing the rules, but they are still in force.