Quipt Home Medical Corp T.QIPT

Highly doubt rollback to list on Nastaq effects S/P

[besttobe]

Investors can't be that stupid.

[ValueRider]

If anything I would suspect it would have a positive effect. Higher share price means more tutes can get on board and fewer shares outstanding means lower float, which makes it easier to push the price even higher. 

[EStreet]

Either or, the compay fundamentals remain the same,,. With a 2 to 1 and only 60 million shares outstanding they would have a long runway for some time,,. You could easily see the share price rise from todays $5.00 level to the $8 or $10 with the new listing and an aquisition or two,,. They could raise a chunk of money even with a 10 million share offering,,. Could do lots of growth with 80 million

[bearbullpicks]

Uplisting  to the Nasdaq should bring us more visibilty and improved liquidity, both of which are badly needed and have the potential to help the share price.  As gibbons mentioned, the market may have already priced in this news.  However, once approved the US retail and instutional investors will very quickly move up the share price.   This appears to be playing out in a