RE:RE:Why ?filoux004 wrote: No idea, instead of paying 10k a month to some pr firm that would cover their listing fees and guarantee instantaneous greater visibility especially with the Dynamite IPO. On that subject, last conference call they stated because of their 2 class share structure it would be a non starter with the TSX. Well guess what...Group Dynamite is going to the TSX with 2 Classes of Shares at a valuation of 2.3B with a very similar financial profile?????. Very disconcerting. Glta DD long and strong.
Interesting point. I would presume that dual share class listings are still allowed and Groupe Dynamite is including the required coattail provision with all shares having the same rights in the event of a takeover offer.
I'm not 100% sure but I presume Reitman's is unwilling to agree to that provision and hence the reason the TSX won't allow them to uplist with the two classes. If correct, the rationale for them refusing to include that clause is part of the reason the stock langlishes imo.