Worthington Share Discussion Threads

[andy] 06/3/2019 13:19

"What is OTCQB. Stocks trading over-the-counter is organized into three groups. The OTCQB, also called "The Venture Market," is the middle tier. It was created in 2010 and consists of early-stage and developing U.S. and international companies that are not yet able to qualify for the OTCQX"

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Their SIX listing looks to qualify them for the mid tier, otherwise it would have been the dreaded OTCBB entry level.

[andy] 06/3/2019 13:14

roydor,


I would guess they have checked the listing requirements first before announcing, and think they qualify.


If they list there it will give access to what they need most, fresh meat, as clearly there is little to no interest on their current market in Switzerland, as is clear by the few trades.


I wonder if the OTCQB check out the accounts and the assets claimed?

[roydyor] 06/3/2019 13:02

Skinny,
Being on the OTCQB does not mean you are not rubbish, there are plenty of rubbish shares on that market. They are not on there yet though, the original plan was the FTSE and that didn't happen.

[ratherlargelobster] 06/3/2019 11:55

*

Skinny

Two Lobster pots should be able to ensnare more mug punters than just one ...

[skinnybasoo] 06/3/2019 11:35

Now why would they do that Roy? If they're a pile of rubbish? Perhaps they're more useful than people realise.

[roydyor] 06/3/2019 08:57

RAP are trying to get onto the OTCQB.

"The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must meet $0.01 bid test and may not be in bankruptcy."