RE:NASDAQ and one thing to consider we also have to consider the marketing plans once it hit the US! There are many "green" company but not innovative nor distructive like PYR; especially, when they can single handly dominate their area of expertise! The us market need know about the company before and after the listing!!
fdfd12 wrote:
Because you go on NASDAQ doesn't mean you will fly!
It depends on what type of volume and interest you get from the US.
Let's take a stock like GIB in US or GIB.A in Canada.
In the US, it trades like 10,000 per day where in CAN, about 500,000.
This is called Canadian dominant.
What happens is that whatever price it trades in CAN, the US just follows it.
US has no influence on GIB.A.
SHOP is the opposite. It has more volume in US so CAN just follows it.
This is called US dominant.
This has occured because everytime SHOP issues shares, they do it in the US so
there are more shares in US to trade.
We need PYR to trade more in US so it can fly.
They may have to issue shares in US and frequently to be
able to have more volume in US like SHOP.