Thanks for pointing out that there is no proof that the NEO exchange is less regulated than for example the TSX. It is different in that it does not support high frequency trading, but from what I could learn online, it is as regulated as the TSX, albeit smaller. I spent the first 36 years of my life as a Canadian, I know from living in both countries that Canada has a high standard with regard to regulatory authorities. I invite anyone to come up with anything that supports the statement that this is an under regulated exchange.
To toss that out there is casting more shade with no supporting evidence. I understand that short term or day traders would not be happy with this move, it makes it almost impossible to trade several times a day or week and make money on short-term fluctuations. As a long term holder who is happy to wait, I would prefer a more stable price from week to week without the plunges and rises that GSW has been known to exhibit.
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