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Oil and Gas Discussion BB
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Msg  48580 of 48603  at  2/11/2019 10:28:56 AM  by

carler98


 In response to msg 48578 by  janedough
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Re: OBE

 Yes the notice was sent on 9/18 so March18 would be the date .
 
 In there answer they stated that their business plan should be successful and they felt the stock price would be over a dollar before the March date.
 
That looks very unlikely and the must either give notice of a R/S forthcoming ,and be granted a extension until that is implemented or exit the NYSE.
 
Your proposed 1/15 is possible but would take the shares to around 33 million, whereas my 1/10 leaves them 50 million +..
 
Anything less than 1/10 ,takes the price low enough that another drop could start the process all over again. 


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Msg # Subject Author Recs Date Posted
48581 Re: OBE janedough 0 2/11/2019 10:48:39 AM


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