CMGE sees zero trading on Nasdaq debut
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CMGE sees zero trading on Nasdaq debut

Shanghai : China | Sep 26, 2012 at 1:59 AM PDT
Source: Chinadaily
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China Mobile Games and Entertainment Group Ltd saw no trading on its debut on the Nasdaq due to a huge bid-ask spread. Data from the stock exchange showed that the minimum selling price was $40 per share, while the buying price reached only $3.9 per share, a huge gap that resulted in zero trading volume... FULL ARTICLE AT Chinadaily
 
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