RE:RE:Infuriating Stock.Dont think its sentiment on the stock BBM. Only material change is the delisting.
Nothing more than the market accomodating all the sellers in the U.S. who dont want to hold a Cdn stock in Cdn$ in their investment porfolios.
This will continue till Dec 13 deadline date for the delisting.
Not sure how many millions of shares need to be flushed out but volume going to be higher than avg and buyers will be needed to step up or it may go even lower.
For some reason the company needs this to be done by end of year as this is an unusual time to be doing this (tax loss season in full swing).
This could have been done around the same time they initiated the odd lot buying program by easily selling it as a shareholder count streamlining.
The positive could be that alot more shares will be in stronger hands going forward.