Quiksilver may lose its listing on the New York Stock Exchange (NYSE) unless it manages to lift its share price in the next six months or by its next annual meeting. The group says it was notified by NYSE on July 10 that it no longer complies with a requirement that stocks should reach an average minimum closing price of $1.00 over a period of 30 consecutive trading days. The rules dictate that the company has six months from the date of the notice to bring that average back above $1.00. If the company decides to take action through measures that require the approval of shareholders, then it must obtain this approval at the next annual meeting at the latest, and implement said measures rapidly. Quiksilver shares were still worth $2.20 at the start of this year but they have been languishing below $1.0 since June 9.

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