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  5. TGOD: Green Organic Dutchman has delisted from TSX and move itself to CSE and share jumps over 20% with the release. [Green Organic Dutchman Holdings Ltd. (The)]
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Q: Green Organic Dutchman has delisted from TSX and move itself to CSE and share jumps over 20% with the release. Can I please get your opinion why the stock price would jump on the news? Is it better to list on CSE?

Thanks,

Asked by Kirk on September 13, 2021
5i Research Answer:

For the day, the stock only rose 3%, and was down more than 50% in the three weeks prior to the move. The move is not likely related to the exchange, and more likely just a bounce from prior selling. The CSE is cheaper for companies, but we would in no way say it is better. Liquidity and exposure is better on the TSX.