The
stock
exchange
requires
that
any
listed
security
trade
at
a
minimum
average
closing
price
of
$1
during
any
consecutive
30-trading-day
period.
Daqo
said
in
a
statement
this
week
that
it
“intends
to
cure
its
ADS'
(American
Depositary
Shares)
price
deficiency
within
the
applicable
time
periods
required
by
the
NYSE
and
to
remain
listed
on
the
NYSE,
subject
to
its
compliance
with
other
NYSE
continued
listing
standards”.
Under
the
stock
exchange
rules,
the
company
has
six
months
following
receipt
of
the
notification
to
regain
compliance
with
the
minimum
share
price
requirement.
Daqo…
