They just announced they're going to be acquired by Handicare for $12.50 per share. Stock price this morning is up (as of the time of this post) a whopping 31% and climbing.
Big move today and the thing with this stock is that anyone that bought it over the last 10 years and held made money. Except for a blip in Q3 2015 when it popped to $14, but still vast majority won. I like seeing M&A because it helps clean up the TSX-V along with shells and zombie companies. 2017 the Venture will be a whole new ball game in my opinion.
Yup, I agree... The problem with the Venture is there's so many fraudulent companies on it, that it's hard to find a legit one... I also like to see companies move off the Venture and move to other exchanges...