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Gold/Mining/Energy : Nuvo Research Inc

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To: DaveAu who wrote (8593)1/30/2002 3:50:04 PM
From: john.d   of 14101
 
Dave,

"On the TSE 300, it was a non-event when DMX was added, so I doubt it will make much difference when they're
removed"

Based on the following post thanks to Yan70 over at SH I think we are pretty save for the time being. Looking forward to favourable news on the FDA inspection sometime in February..

John
.
"At the end of December, DMX had a weight of 0.029% in the index.
I understand that the new guidelines, when fully implemented in 2003, require a minimum weight of
0.025% of the index to stay in the new TSE "300". If a stock gets kicked out, it will then need a
weight of 0.05% to re-enter (and it will have to wait at least one year).

I don't think that DMX is in immediate danger of being removed from the index. The stock price
would have to be below $4.00 for this to happen (after taking into account the impact of the draws
on the # of shares).

FYI, DMX was the 246th largest stock in the index at the end of the year (there were 40 stocks
with a weight under the 0.025% threshold)."
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