Post by
kcac1 on Jan 30, 2019 10:01pm
Questions?
I am a former shareholder who sold to go into another O and G company, A Canadian Co working solely overseas. They recently announced applying for an AIM listing. How did that work, did they do a money raise in London to add shares along with their listing and those shared traded in London? Or where did the London shares come from?
In watching the first 9.5 mins, of the new SDX video, the CEO seemed very optimistic on 2019. What are the thoughts of this board, are they going to be able to deliver? I think I heard him say double their production this year with no new money needed? Just wondering the thoughts as I am thinking of money some money back out of the other company and back into SDX...so appreciate any input as I have not been following.
At the 9.5 min mark where he talks about the delisting, did I hear correctly? 95% of their shares traded are occurring in London, the main reason for the delisting? If so, wouldn't they somehow have to move TSX shares to London to account for this disparity?
Lastly, for info, I am in the States with Schwab. I called them as I am seriously thinking of buying some SDX now. I was told one of the biggest issues, is the time difference, particularly in the Western US and Canada. Schwab has two ways to trade. To use their International desk with a broker a flat cost of 30 British lbs however I symbolize that plus .006 to buy and .001 to sell.
Thanks for any insight.