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Message: Possible listing on the TSX

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Possible listing on the TSX

posted on Oct 27, 08 06:08AM

I just read through the BMO report on Legend, which I highly recommend that everyone reads, and noted that Legend is looking into possibly listing on the Toronto Stock Exchange.

This was the first time that I heard this and it does make sense. Legend wants to move off of the bulletin boards to attract additional institutional investment. The Amex requires them to reach $2. per share again prior to listing. However the TSX would take them at their current sp. This could have a strong/positive influence on the stock in the short term.

Despite the negative outlook for the world financial markets, the outlook for this company is getting brighter again.

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