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  5. STC: Are you in favor of the reverse split and US listing that Sangoma is proposing, does it make you anymore bullish with it having a broader access to investors? [Sangoma Technologies Corporation]
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Q: Are you in favor of the reverse split and US listing that Sangoma is proposing, does it make you anymore bullish with it having a broader access to investors? STC has been dropping since early this year and never really recovered from the acquisition. I see you've mentioned it again recently after it not being mentioned for a while.

Asked by Adam on September 14, 2021
5i Research Answer:

Investors do not like consolidations, typically, but they tend to go over better when associated with a US listing. The listing should be good for the company, over time, but it can still be a struggle for a small company to get attention. But the stock has been beaten up a bit too much, in our view, making us a bit more positive these days.