TSX:LSG.DB - Post by User
Comment by
LTGoldBullon Dec 07, 2012 10:29am
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Post# 20698134
RE: RE: RE: Delisting
RE: RE: RE: Delisting BNN reported this 2 days ago, that S&P which reviews the TSX Indices quarterly, mentioned LSG as one of three stocks that could be dropped from the Index(s). (Changes should be effective by 24 Dec, with formal announcement by 14 Dec)
Consequences are that Index Funds would have to sell if de-indexed adding to current Tax-loss year-end selling pressures. The junior complex as a whole are taking a beating this end year 2012.
Many good buying opportunities like LSG over the coming weeks!
Cheers, Mark