Each one in plain English, with the numbers worked through for a shareholder.
30 Mar 2016listing compliance notice▼ BadMajor
The NYSE warned Comstock it had fallen below continued-listing standards (stock price, market cap and stockholders' equity all too low) as the 2015-16 gas price crash hit the stock -- the company must submit a compliance plan.
Hotchkis and Wiley Capital Management, LLC OF A, Hotchkis and Wiley Mid-Cap Value Fund reported a COMSTOCK RESOURCES INC shareholding of 4,669,830 shares (8.78% of votes) in a periodic institutional filing.
Oasis Management Company Ltd, Oasis Investments II Master Fund Ltd, Seth Fischer reported a COMSTOCK RESOURCES INC shareholding of 389,060 shares (0.70% of votes) in a periodic institutional filing.
Hotchkis and Wiley Capital Management, LLC OF A, Hotchkis and Wiley Mid-Cap Value Fund reported a COMSTOCK RESOURCES INC shareholding of 7,669,716 shares (16.07% of votes) in a periodic institutional filing.
HODGES CAPITAL HOLDINGS, INC, CRAIG D. HODGES, First Dallas Securities, Inc, Hodges Capital Management, Inc, Hodges Fund, A Series of professionally Managed Portfolios, Hodges Small Cap Fund, A Series of professionally Managed Portfolios, Hodges Pure Contrarian Fund, A Series of professionally Managed Portfolios disclosed a new substantial COMSTOCK RESOURCES INC shareholding (12.90% of votes).
Oasis Management Company Ltd, Oasis Investments II Master Fund Ltd, Seth Fischer disclosed a new substantial COMSTOCK RESOURCES INC shareholding (5.40% of votes).
Comstock began exchanging distressed debt for equity, swapping $40.0 million of 7% notes due 2019 for 4.6 million shares plus cash for accrued interest with holder Oasis Management -- the opening move of its 2016 debt restructuring during the gas-price downturn.