The threat is the result of the average closing price of Suntech’s American Depository Shares having fallen below $1.00 in the 30-day trading period leading to 10 September.
The warning caps a week of major shake-ups at Suntech, including its decision to idle 600MW of cell capacity in China and to replace Suntech Europe president Jerry Stokes with Vedat Gürgeli as the company adopts a new “lean management structure”.
Suntech,
