GREY:ATBPF - Post by User
Comment by
WalkOverTheStrton May 15, 2021 3:33pm
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Post# 33210261
RE:RE:RE:RE:RE:RE:Share price taken down
RE:RE:RE:RE:RE:RE:Share price taken downArbourmark,
My apologies as my word choice was more of frustration of the current stagnation and unclear reason to perform a R/S and then wait half a year or more to list on a major US exchange.
The the total market capitalization of companies listed on TSX & TSXV is listed from various sources at $2.3T to $3.2 T, not a figure to dismiss lightly, while the total value than NASDAQ is $12.98T and NYSE is $28.19T but .... I do not assume that Antibe will easily find institutional buyers once on the NASDAQ as part of the limitation on those firms will be the MC of Antibe. Which may also be a limiting factor on the TSX for Canadian institutions.
There is currently a massive disconnect between potential value in Antibe and the value the market is placing on the company thru MC. Why is this disconnect so massive? I can find countless biotechs on the US that have 1/20th the TAM of Oten but have higher MCs than Antibe. Is it an issue with visibility? With getting more attention from these instrutions? I undertsand Dan is doing virtual road shows with US instituions for a future NASDAQ list so why hasn't he done this on the TSX to Canadian institutions? I honestly do not understand this...
https://www.visualcapitalist.com/the-worlds-10-largest-stock-markets/
https://www.relbanks.com/stock-exchanges/largest-stock-exchanges
https://companiesmarketcap.com/canada/largest-companies-in-canada-by-market-cap/