iGen Networks Corp (IGEN)

[fahrenheitjules]

On the Canadian market, IGN had been added to the composite index in 2015 but it was eventually deleted when it fell to a MC of less than $4 million. Since it has maintained a MC above $5 million at the time of this rebalancing (which occurs quarterly on the third Friday in each of March, June, September and December.), it has been added back to the composite index. It’s notable but I’m not sure it indicates much more than relative pps stability with a MC above $5 million. I suppose more eyes will take it seriously because of that though.


https://www.globenewswire.com/news-release/2015/10/01/772833/10151394/en/IGEN-Networks-Corp-Added-to-CSE-Composite-Index.html (added back in 2015)


https://www.thecse.com/en/trading/market-activity/cse-indices (info on composite index