senior exchangeI recall speaking with someone about the remaining inflection points necessary for a senior listing (presumably on Toronto), and the suggestion was that cash level was the only remaining requirement. In addition, it seemed to me that warrants (or rights or options?) due soon (february maybe) would be the trigger.
Anyone else hear anything about this?
To be honest, although basic company health/prospects are most important in investment selection, the credibility of the exchange also has an impact. I have PTSD when it comes to the V exchange -- even it nominally changed from Vancouver to Venture.
I remember an analyst from the states responding, when asked what he thought of the V exhcnage, and I quote: "It's a kind of trade balance between our countries. We send them acid rain; they give us worthless stocks."
IMO, a senior listing would be a huge catalyst.