I am not too impressed with the TSX. A few stocks I have seen listed there don't get good volumes. An example is TGS which has three kennels now - ASX, FFT and TSX, and of the three the TSX has the worst volume - can be no trades for weeks on end.
Why do companies list on the TSX?
Is it so the managers can get access to a larger pool of dodgy deal-makers? No shortage of those in Australia.
Is it a requirement before Canadian banks will take a position on a register? This inevitably leads to looting via discounted placements?
So why bother?
The Canadians might also know how to dig a hole in the ground and sell it to the unsuspecting public, but they do have a reputation for issuing a ****storm of scrip in the process.
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