RE:RE:RE:RE:not being delistedThe message (as in the medium is the message) is a little deeper than that (perhaps it went over your head?) though - 2 value added globally competitive companies are replaced by local utility type staple economy companies that mostly benefit from population increase.
pierrelebel wrote:
johnney - You wrote "...the SP of blackberry is worth more than $7.00 and it's been added at delisting of tsx 60 on 22 june, something doesn't fit at all!!"
The actual share price has NOTHING to do with inclusion in the S&P60.
As stated several times before, S&P looks at the total capitalization of the companies it lists and removes from its index. BBD has about $1 billion and BB less than $4 billion in market cap. They are being replaced by companies having market caps exceeding $8 billions. It is that simple.
Many posts have been devoted on the subject on the last few days. I suggest you review them.