Back in the good old days when SGR was schlepped on the Venture, Alpha would usually come in around 1/3 of the volume. Since the move to the big board Alpha volume is consistantly outpacing TMX with Anonymous doing most of the selling. So while all the BS associated with listing on Toronto knocked about 300 million off the market cap due to 43101 related revisions, there seems to be little if any liquidity problems anywhere else. The move was about as over hyped and over hoped nonsense as I recall.

http://www.alphatradingsystems.ca/ALPHAMARKET/MarketActivity/SymbolLookupResults/tabid/97/Default.aspx?pid=92&symbol=sgr