Talk of The Villages Florida - View Single Post - What happens to a stock when the value goes below a $1.00
Thread: What happens to a stock when the value goes below a $1.00
View Single Post
 
Old 10-23-2023, 10:48 AM
SallyB SallyB is offline
Member
Join Date: Mar 2023
Posts: 82
Thanks: 150
Thanked 41 Times in 25 Posts
Default What happens to a stock when the value goes below a $1.00
As we know I talk about GWG L Bonds but my question today is,

Beneficient which was to be part of the GWG payback is now at $0.67 a share what happens now to the company since the stock is under a $1.00. Do they get removed from the stock exchange? Does the company declare bankruptcy? Are all the funds given to them just gone ($360 million)?
Good one Michael