RE:RE:RE:RE:RE:GMP Equity Research.,,,,,SupremeAgreed Hou and no one wants to see FIRE uplisted to the TSX, the NYSE and as many of the stable exchanges globally as soon as possible than I....but with less than $9mil gross sales historically seems to weak to me to realize any substantial or sustainable gain, not too mention they need to be spending all their resource capital available in producing, selling, shipping as much herb as they can grow from as much grow area approved by, HC as possible....of which will all be happening very soon, JMHO.....Opt
HouTx220 wrote: Maybe I'm in the minority, but graduating to the TSX changes things immedietly! I don't know if it will reflect in the SP on day one, but it's no doubt finacially beneficial.
Once listed on TSX, additional benefits may include:
- Increased access to capital
- Enhanced reputation from meeting the minimum standards of a senior exchange board
- Greater visibility – TSXV graduates listed on TSX are covered by an average of five analysts
- Access to institutional capital – institutional investors have invested $15 Billion in TSXV graduates
- Enhanced liquidity on world markets – roughly 40% of TSX trading is originated by international headquartered Investment Dealers
- Escrow policies may be reduced upon graduation to TSX
- Improved M&A opportunities
- A TSX listing is a requirement for inclusion in the majority of indices and composites