RE:RE:RE:RE:RE:TSX DelistingHave a look at the actual continuing costs of listing on TSX.
https://www.tsx.com/resource/en/2939 Page 12
Unless I'm seriously misreading, for a 300M market cap it is $47K, for 700M its $83K so VMD is somewhere around say $55-60K. That's one employee -- & it doesn't include the 25% discount on international interlisted securities.
The initial one-time fee for listing is up to max 200k - but that's long gone.
Unless they're planning on issuing different types of securities (warrants, preferreds, debentures) - which maxes for a multibillion co at 250k, there is minimal savings.
This is not a "good" event -- it may be a "non" event at best. Unless the dislike of the TSX actually carries some merit.