RE:RE:RE:RE:RE:RE:Cormark Upgrade (Future Double?)snowtigerrr wrote: Last point from me. Aside from working capital the earlier raise may have partially been done to facilitate a move to the TSX since it requires $10M minimum proceeds in treasury from an issuance (along with $50M minimum marketcap). I understand that changing exchanges doesn't add value but uplisting to the TSX will provide more liquidity and a pool of larger investors/funds whom may buy up the stock on a forward basis if we're to believe management's claim of multiple expansion and emphasis as a top 10 tech company in Canada. Based on some of the much higher multiples of more mature tech stocks, stranger things have happened imo.
Very good point snowtigerrr