Perhaps somethng positive For anyone I know that's still over here, you might like to know that XBC got added to the Russell Global indexes.
It has been added to the FTSE Global Equity North American Regional Index Micro Cap, and to the FTSE Global Equity North American Regional Index Total Cap.
Also likely to be added, once it's finalized, to some of the Canadian-specific sub-indexes that Russell produces. Along with 11 other
49 Canadian companies were added. Others of note include PYR, GRN, LPEN, ARR, ABCT, Leons, and SPIN.
The preliminary semi-final memo of who has been added came out August 20. The index is finalized as of close of trading Friday, and the new index goes live Monday morning.
Should see some buying volume Monday, as any funds that track the Russells are obliged now to add those newly added companies.
Sources:
I have a subscription to their document archive but I've downloaded and or screen grabbed:
Screen grab from Russell showing link to "FTSE Global Equity Index Series North American Regional Semi-Annual Review" notice:
https://cdn-ceo-ca.s3.amazonaws.com/1gk04k9-north-american-russell.png
Here's the actual review notice:
https://cdn-ceo-ca.s3.amazonaws.com/1gk0339-Russell-review.pdf
Here's a screen grab showing XBC in the listed spreadsheet that's linked to from the above doc:
https://cdn-ceo-ca.s3.amazonaws.com/1gk2p2r-xebec-russell.png