BNXA Its interesting to look at BNXA trading .When it went down to the 60-70 cent mark it was very oversold.
Now on bascially no substantial news it is up about 50% .The amount of buying has not been great and daily dollar volumes have been in the 20-50K Canadian range.
I actually agree with Van City for once that the price of BNXA stock is manipulated and its easy to do at these low levels with not much money.
I think that the price is being manipulated upwards .
Is this a prelude to a private placement ??? To raise cash .
Is this a prelude to some type of good news (the announcement of the hiring of an investment bank at a preliminary stage does not count ,unless there is more information about some type of Offer or the sale of some other assets ).
So we wait and see ,the clock is ticking to bnxa being delisted and they will have to announce the annual financial results within the next 3 weeks .The level of communication between bnxa and its retail shareholders is just aweful.Crypto markets are still terrible ,I would feel more bullish about Banxa if the Crypto markets were recovering but they are not.So we wait for the moment when "Moses" chooses to bring a few tablets down from the mountain and actually share significant information with the long suffering owners of the company(ie retail shareholders).