Quipt Home Medical Corp T.QIPT

Nasdaq Initial Listing Price is $4

[sebraz]

They will need to consolidate shares to get to that price. period.

Im seeing some individuals make comments of what the 'right' consolidation should look like. The right consolidation involves them meeting the requirements that Nasdaq would ask for in in the initial listing.

Please read here for more info: https://listingcenter.nasdaq.com/Assets/Initialguide.pdf

[Trademark11]

Sebraz,  You are 100% correct that the consolidation will be determined by what is needed to meet the Nasdaq/NYSE criteria.  Management will know what is best.   However, a 1:4 consolidation would yield a $5.78 CAD, 4.60 USD sp as of yesterdays close.  That is why Iam suggesting those numbers.

[lscfa]

Can get listed for as little as $2.00.   See pg 10...... https://listingcenter.nasdaq.com/Assets/Initialguide.pdf  

[Moemoney42]

Personally I'd like to see the price get to the $2.50 target price that many have on it, then do a 2 for 1 consolidation for a $5 CDN share price... that way there's still a good supply of stock to facilitate US trading interest... then upwards and onwards from there.. ;-)

[Trademark11]

Iscfa, according to what I'm reading and my own personal calculations, they would not have the financial assets to back a lower initial bid price until the end of F21 at the present growth rate.  This would not be consistent with management's goal of uplisting in H1F21 IMO.  As such, again according to my calculations only, the minimum price for listing would be $3 USD. I am

[lscfa]

Careful what you wish for.   Nasdaq scum > TSX scum.     e.g. Viemed short positions........   Short vol o/s TSX  Nasdaq Dec 31     Dec 15 122,790 1,359,362

[gibbonsj]

How many of those shorts are hedges on long positions? 1.35M is a small number.