TSXV:ACI.H - Post by User
Comment by
morriconeon Aug 14, 2001 8:15pm
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Post# 4093950
RE: any plans for a T.S.E. listing?
RE: any plans for a T.S.E. listing?Listing requirements for the TSE begin on this page:
https://tse.com/listed/basic.html
In particular look at MINIMUM LISTING REQUIREMENTS FOR INDUSTRIAL COMPANIES. As you go through the requirements keep in mind that TOM has a market cap of perhaps $7 million (roughly 22 million shares times $0.33). Note especially the little gotcha which states: "minimum market value of the securities that are to be listed of at least $50,000,000". There are also some other requirements which would disqualify us.
I would disagree with your low opinion of CDNX. I think it is perfectly suited for a small company like TOM in this stage of its development. As far as the dismal stock price is concerned we're caught up in the technology meltdown and overwhelming negative market sentiment. It really doesn't matter what a stock is or what exchange it is on - nothing is going anywhere at the moment. I think that TOM's financials will enable it to shine on the CDNX once sentiment changes.