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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: So where are we?
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My understanding

As Jurek noted -- Connacher will still be listed on the TSX (Toronto Stock Exchange).

However they're being removed from the S&P/TSX Composite Index. I think this means certain index funds will have to drop their Connacher holdings. I don't know how fast this happens, Jurek implied readjustment (more previously-held shares on the market) as soon as next week.

I think only someone with experience of seeing this sort of thing happen before could guess what we'll see. Hopefully not much SP pressure?

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