RE:RE:RE:RE:RE:RE:RE:RE:RE:Hexo, Bombardier Among Issuers Dropped by S&P/TSX CompositeQuiet....
Once the stock has been removed from the INDEX the shares can no longer be held as part of an INDEX fund -> TRUE
The share MUST BE SOLD -> FALSE
The investment GROUP holding the shares can, upon their discression, transfer the holdings over to another fund within the same investment group without those shares being sold. This is no different than an individual investor opting to transfer shares between their RRSP and Regular investing account or to a TFSA investing account.. it can be done without placing the shares back on the market.
Which option the investment group goes with is up to them. Investment Groups are no different than any other investor. They may decide to BUY/SELL/HOLD.
Q Quietinvestor wrote: Mr Q thankyou, you have confirmed to me and the board that there are real implications to being delisted from TSX in your failure to respond. Your comments are the analysis of the facts.not the facts. Two facts': 1. Once delisted, the stock cannot return for a year to the index, if it can. 2. By practice, a number of funds have directives in place that clearly state that shares in the delisted company must be sold. No choice. These are but a few. You can find the rest. The delisting process is based on years of technical research and analysis and is in place to provide a negative signal to investors about the company. Granted some companies come back and do well while others have failed . Your analysis is that HEXO will do well regardless. I hope so given my sharrs in HEXO but I pay attention to the tools in place in the market that will assist me in being a better investor based on fact not intuition. Be honest to these good people. Your posts are useful - not comic relief like those from Q4E and others who have fallen in love with the stock. Glta Glta