SDX ENERGY INC SDRYF

From LSE chat, good observation

[John104]

The delist makes sense for one reason other than cost savings, TSX caps shareholdings at 20%, whereas as as AIM only major shareholders can hold up to 30%, somebody correct me if Im wrong, but that would allow our 2 big holders to take up more of the freefloat. Time will tell! See you in a weeks time. Atb.

[shakeypremis]

I agree John. The cost savings must be minimal. Perhaps the tax savings are more meaningful but I doubt it. I think this is more about allowing the first and possibly also second largest shareholders to acquire more shares. At the very best this is just being done to allow this, at the worst, it's about allowing them to acquire more so this company can be bought out without much fuss, probably

[ferret_ca]

sdx basically is telling canadian investors to go f_c_ themselves.  scummy bunch of bastids. joseph muct have known this was coming, can't see him getting blindsided on this but ya never know.

[Gladstone22]

When SDX first announced the delisting i sent a email to Schachter , still no response.

[ferret_ca]

I am sure he is even more peeved than the rest of us, although it's probably easier for him to trade on the london exch than it is for the average joe.. i'm long gone now. I wish everyone well here that stick with it.