OTCPK:ITMIF - Post by User
Comment by
RJ4on Jul 22, 2001 11:01am
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Post# 4012607
RE: RE DELISTING
RE: RE DELISTINGI think you are probably right ,Wink. As I posted yesterday,,the Globe and Mail printed a correction concerning the TSE listing for ITM.. A market cap. of 3 million is needed to keep the TSE listing. ITM still has a market cap. of 18 million.. The TSE 300 may be gone,,but I doubt the actual TSE listing.. This delisting debate may have caused the panic selling on Thurs. and Friday,,I think over 20 million shares in two days.. Emotions are running high enough as it is,,than the delisting debate began.. Fred K. of Scotia even mentioned it,,but I believe someone posted that Scotia bought 1.5 million shares in the mean time.. There comes a point in time when ITM is harldy worth selling,,I would think 2 and a half cents must be pretty close.. RJ