Will my online brokerage account automatically reflect the modified SPDC price on Monday morning? Does anyone know if SPDC actually trades this coming Monday post R/S or does it now cease trading?
I was puzzled by the low ratio for SPDC as well because the one for 16 R/S doesn't adequately raise the share price to qualify for even a higher OTC tier.
I don't know the A/S or the O/S but perhaps they were running out of A/S to satisfy any loan for equity commitments.