Bring it down to .30 -.40 on the delisting notice and Id buy AEZS for a trade again. It could happen this week if you count the days. Will they try to hide the notice that would be very scammy I hope not. Rules are rules and if they break them there is a punishment for sure.
Here are the facts :notification letter from NASDAQ comes indicating that, because the closing bid price of the Company’s common stock for 30 consecutive business days was below $1.00 per share, the Company no longer meets the minimum bid price requirement set forth in NASDAQ Listing Rule5550(a)(2). NASDAQ Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.