The number of companies trading below Dh1 a share has risen dramatically over the past 12 months to almost a third of all listed stocks on the Abu Dhabi market.
The news raises the spectre of a large number of shares being suspended.
According to regulations established by the Securities and Commodities Authority (SCA), a company cannot raise money from shareholders when its shares are below Dh1, and the watchdog has the right to suspend trading of a company's shares once they fall below 40 fils.
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