GREY:MWSWF - Post by User
Comment by
aweighon Apr 13, 2015 10:32am
80 Views
Post# 23622929
RE:RE:MWE, Delisting Review.
RE:RE:MWE, Delisting Review.4ME2URUSTUCK wrote: URL, Says MWE, MEETS TSX Continued Listing Requirements , Hmmmm!, So Why Would They Post This Release? GLTA. Cheers!
Because the their TSX listing was under review and if they didn't meet the listing requirements they would have been religated to the TSXV . Some were getting all bent about the review and I suspect they believed there was a possibility the Co. was being delisted from all exchanges but that never was the case. I guess the greatest benefit of remaining on the TSX is that maybe we are still an allowable investment to some Institutional Investors whereas had we been dropped to the Venture we may have been automatically prohibited as a buy. Don't really know but there have been plenty of successful Co.'s born on the venture so it was much ado about nothing in my view.
As long as the stock goes up I'm all for it.