I am curious. What would happen to my shares if this Stock would be delisted after staying for to long under the 1 dollar? Are they then "frozen" for the time being untill the stock re-appears on the market?
MGI went below $1 only recently. Do any of you think that delisting could be a potential problem for MGI? I looked up the NYSE listing requirements; it mentiones market value of 100 million, not the price per share se. Any informed thoughts and commednts are welcome.
MoneyGram has their terminals at 1000's of locations and they wire the money over THEIR network, not the internet. Yes, they have assets and sophisticated systems to route money and collect it from senders. They are not a "rinky-dink" operation.