Comment by
therealmccoy on Oct 17, 2022 12:56pm
surprising that tamarackflop/TT/the Titanic isn't commenting on this....
Comment by
Possibleidiot01 on Oct 17, 2022 1:51pm
I would like to know the source , if that's possible . Not on TMX site , google, sedar etc. I believe this will happen but where can I verify . Thanks
Comment by
sumpineh on Oct 17, 2022 2:04pm
It came from stockwatch, KB put the info in his post and you can pull it up. Since it came out Oct 13 and refers to Sept29 it would seem that nothing had changed yet.
Comment by
Lupuslupus on Oct 17, 2022 12:57pm
Wow didnt see that coming
Comment by
ZouZS3 on Oct 17, 2022 1:01pm
If they get out of CCAA and succeed the restructuring process it will be listed in the venture. To succeed, they need interim financing by Oct 20 first. That highly depends on BNF and BDC's current outlook. if they already have LOIs, they have higher chances of getting another extension or interim financing.
Comment by
TheCount11 on Oct 17, 2022 2:05pm
XBC will list then trade on Venture as long as its a going concern during CCAA
Comment by
babedinkleman on Oct 17, 2022 3:53pm
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Comment by
TheCount11 on Oct 18, 2022 10:56am
More of a plumbing reason. Easiest option is move “trading” to another exchange. 1) most shares are held by brokers in streetname. 2) many shares were borrowed. Dealer Brokers want to close out those transactions. 3) when we buy a stock it shows up immediately in our account. The trade still needs to settle.
Comment by
babedinkleman on Oct 18, 2022 11:58am
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Comment by
filoux004 on Oct 18, 2022 2:29pm
Reitmans was delisted fr the TSX after filing CCAA, reemerged on the Vancouver exchange 6 months later with the same capital structure. To say it's been a home run is an understatement. Long and strong, only the beginning up 4.5% today. Peace
Comment by
babedinkleman on Oct 18, 2022 2:48pm
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Comment by
filoux004 on Oct 18, 2022 3:13pm
Also just bought back IFP, lumber back over 500$. Trading at 1.7p/e. True that homebuilders US confidence is at 10 year low and yes rates will go up. But Jimmy Pattison largest shareholder of IFP has indicated he is looking at deals... he tried 3 year ago to buyout IFP at 16$ but failed. Glta
Comment by
TheCount11 on Oct 18, 2022 3:21pm
Haha I hear what you are saying! Xebec is in bad shape. Trevali mine accident was very sad.
Comment by
LongoGlueStick on Oct 17, 2022 3:01pm
I don't see an official press release. Just the release on stockwatch.
Comment by
babedinkleman on Oct 17, 2022 8:40pm
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