PP will not be allowed bye exchange .. SimpleThey had price protection... due to exchange rules they are not allowed to release "MATERIAL" news
and keep the price protection.. in fact.. it even looked like a "try" downtick at close..
this exchange most likes will take a 3/5 day close average price this proposed PP. they will get a discount to that ave. price (20 percent) but NO WAY .10 wil be appoved.
May be just the LAWYER in me.. but I am most often right on stuff like this.