China Green Agriculture, Inc. (CGA)
CGA Price and Sentiment
CGA Latest news
XI'AN, CHINA, Jan. 04, 2021 (GLOBE NEWSWIRE) -- China Green Agriculture, Inc. (NYSE: CGA) (“China Green Agriculture” or the “Company”) announced today that, on December 31, 2020 the Company received a notice letter from the New York Stock Exchange (“NYSE”) stating that, effective December 31, 2020, the Company will be removed from NYSE's late filers' list to be disseminated to data vendors and will not be posted on the NYSE's Listed Standards Filing Status page on www.nyse.com. The NYSE's letter comes after the Company filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2020 on December 8, 2020 and filed its Quarterly Report on Form 10-Q for the period ended September 30, 2020 on December 30, 2020, thus becoming current on its financial reporting obligations.
XI'AN, CHINA, Oct. 20, 2020 (GLOBE NEWSWIRE) -- ?China Green Agriculture, Inc. (NYSE: CGA) (the “Company”) announced today that, as a result of its failure to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2020 (the “2020 Form 10-K”) in a timely fashion, it has received a notice from the New York Stock Exchange (the “NYSE”) that the Company was not in compliance with the NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual.
There are some investors who buy stocks that are trading below their liquidation value because they believe they can achieve impressive gains from their investments after the market has reassessed the share prices up to near or above the liquidation value. Should the company fail, these shareholders would in theory still be able to earn a profit due to a difference between the liquidation value and purchasing price.