TSXV:MRS.H - Post by User
Post by
beaniwon Jun 18, 2021 9:58am
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Post# 33410650
Just a tidbit from a Newsletter
Just a tidbit from a NewsletterQ: Good morning all! While catching up on corp news I fell on this: Mission Ready Retains Integral Wealth Securities as Market Maker. Can you please explain what Integral brings to the table for MRS and if you think this is worth the $7000/month they will be paying them ? Thank you, as always, for your great advice. 5I RESEARCH ANSWER:
It is fairly common practice for small companies. The arrangement helps secure trading liquidity in the stock. It is not cheap, but for a $100M company we can live with the cost. There are also no analysts on the company so better liquidity can be important in improving valuation when there are no analysts hyping its prospects.
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