RE:Just AskingRose, please see the attached link, even though the article is from 2006 but the author raises key pros and cons on upgrading the listing.
Uplisting To add to blackwood point, there a lot of small cap funds and ETFs in Canada that are restricted from investing in junior exchanges and will not start a position until the listing is changed to TSX.
Nevertheless, uplisting won't help if the performance detiriorates or pumping is in action and that's what happens to a lot of these companies that were mentioned here and their poor stockperformance after moving to TSX.
So far the management is ticking off all the boxes and successfully executing on industry headwinds and this move will add much needed credibility and attention
I've been holding pho for 4 years now and this is a very positive turnaround story.
rose22 wrote: Now that Photon is going to move to TSX, does anybody here have any experience of owning a stock that's made the switch in the past? Does the sp generally rise or fall? My only experience with something like this was many years ago when Coldswitch (Photon) went public in the 90's. Their privately issued shares went from $2.50 to 0.18 almost overnight and it's taken this long to get them back up to a reasonable level.