Post by
sollmg on Feb 28, 2023 11:49am
Looking Forward To Getting Off The Venture Exchange
Quote from the CC
"Moreover, we have plans to uplift to the Toronto Stock Exchange big board in the first half of calendar 2023, which we believe will foster more liquidity and institutional ownership over time. It is important to note that investment dealers with global headquarters account for 40% of TSX trading. This forthcoming big milestone for us is undoubtedly a testament to our historical financial success, which has given us the chance to seize this wonderful opportunity."
Comment by
sollmg on Feb 28, 2023 6:01pm
Increased liquidity will be a good thing
Comment by
sollmg on Feb 28, 2023 6:17pm
I don't think everyone understands how a lack of liquidity affects stock prices in the short term. Too easy to run the price down, but hard to cover. Thus the bashing. Should change with the move to the TSX.
Comment by
sollmg on Mar 01, 2023 10:46am
Short Sales for the period 16 to 28 Feb were 171,680 at a cost average of $8.48. That was 19.7 % of the total volume which was 869,734 shares traded on the Venture Exchange. Total shares traded on the NASDAQ were 957,085 with 169,006 short sales (17.7 %) This pretty normal trading.