WELL Health Technologies Corp T.WELL

OK Question 10%

[SadieLadyCO]

Why would WELL be delisted from the TSX Comp by the TSX. If WELL the company is currently still trading higher that 10% of the listed TSX comp.

[brandinvestor]

Because it's not top 250 performing stock anymore. Check out: https://www.theglobeandmail.com/investing/markets/indices/TXCX/components/ or  https://fknol.com/ca/market-cap-tsx-composite-index-constituents.php?go=e0 It tracks the 250 top TSX stocks. WELL barely made it on the first time around, and unfortunately couldn't keep up the stock price, so they are being removed. They

[Capharnaum]

It's about the market cap, not the share price. Market Cap is currently 824 million. You can find here the companies and market caps that compose the index: https://fknol.com/ca/market-cap-tsx-composite-index-constituents.php?go=b210 The companies that will be added have a market cap over WELL's.

[Possibleidiot01]

Well , here's a problem - WELL is not being delisted from the TSX Composite by the TSX. The index is put together by Standard and Poors based strictly on the market capitalization of the companies on the TSX. Think of the index as a group of companies worth a billion dollars , if your company is worth $824 million, it doesn't make the $1 billion group. Companies ,sometimes , as I tried to