RE:RE:Nasdaq Biotechnology Index inclusion Dec 21slightfan1 wrote:
posters do not seem to realize that being included in the index is a double edged sword.
Slightfan, no I'm not aware of the other edge of the sword that you allude to. What are your concerns? I am only thinking that being included in the Biotech index will give increased exposure to potential international investors. Business communities around the world are attracted to the index's value proposition and trading venue and can only increase our reach around the world. I think that it is a very positive sign that Concordia has met the governance standards in order to meet eligibility requirements (such as market capitalization, average daily trading volume, seasoning as a public company and other strict criteria) to be included into this prestigious top tier market.
Cheers,
Chart