LastNovember SolarOne announced it had tapped Credit Suisse to raise up to $70m sellingits Nasdaq-listed American Depository Shares on an ongoing basis, with themoney to be used upgrading its factories and fueling the expansion of itsdownstream business in China.

The daythat SolarOne made that announcement – 15 November 2013 – shares in the companyclosed at $4.04. Since then, however, the company’s share price has fallen to$2.96,