Japanese based company, Olympus is unlikely to shut down even though falling shares prices depict that it could. Olympus’s core medical equipment business is keeping it alive. The company’s shares have drop four-fifths of their value since the firing British chief executive. The chief executive was fired for alleged irregular accounting. It could now face many fines along with its massive debt. Shareholders are trying to prevent Olympus from becoming delisted. If Olympus becomes delisted shares will still be able to be traded, just at a lower value. The alleged issues have greatly reduced the value of the company. Thus, Olympus is roughly 75% market shares and costumers are now more likely to sell stock because of accounting glitches. However, the biggest shareholders are holding a meeting to consider a new board of representatives for the company. This could change the company and save it in the long run. Shareholders need not to panic but can worry about the loss of value Olympus shares could loose because of the fines and debt.
Olympus shareholders should try to sell their stock as soon as possible if worried about depreciating value. The only difficulty will be trying to find buyers, because of the diminishing self-image.