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CS - Obsidian says it may lose NYSE listing next spring over low price - October 2019



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NYSE notified dual-listed Obsidian Energy Ltd. on Oct. 1 that it was out of compliance with its continued listing standards after its stock’s closing price was below US$1 over a consecutive 30-day trading day period. The company said it will continue to trade on NYSE through the compliance cure period, or to about April 1, but does not plan to take steps to cure the deficiency. Obsidian earlier announced that its board of directors......
 
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