Sunday, March 5, 2017

Hanjin Shipping's share price plummeted 95% in the organized trafficking 6 days



[Korea goyounghun financial newspaper reporter] had plummeted to only 95% of Hanjin Shipping organized trading ahead of the delisting six days.

Six days in the securities market the past three days, according to the Korea Exchange, Hanjin Shipping has closed the deal fell 38 won 32.14 percent from the previous trading day. Trading was suspended before plunging 95% compared with the closing price of 780 won the last two days of trading last month. Than the previous day was 32.14% and falling.

Hanjin Shipping is additional bankruptcy last month, the Seoul Central District Court abolished the corporate rehabilitation process and made bankrupt. This exchange has conducted a cleanup of the Hanjin trade from last 23 days. Wednesday morning, the shares have plunged more than 40 percent and turned into so-called "ant grave. Organize marketing period, the prices do not apply jehanpok regulations can be more than 30% volatility.

This market cap of Hanjin Shipping sat down to 92 million. Coming away during the cleanup sale all 7 to 6 delisting is the final seven days. Hanjin Shipping shares listed on the securities market last December 2009, was turned into a piece of tissue eight years.



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