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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Post by Vancity1on Oct 12, 2022 4:35pm
153 Views
Post# 35020646

BNXA

BNXA

I Also agree with Arh0070 on 1 thing for once and that is the financials need to be released asap, I kinda feel like th company is stalling on it but I don't really know what's going on with it. I do believe that the later than normal financials is causing self inflicted FUD. 

The price action is slow and deliberate, I can see it in the order books and it's a good thing I'm not complaining 1 bit. 

I do think that all the shares that are coming available in a slowly climbing range are being bought up.

Maybe we will be bought out and we will wake up one day in the next month or 2 and the share price will be much higher on news of a buy out. 


it kind of makes sense that an acquiring company buy all the shares that are available in this low low valuation before offering a much higher valuation on all the remaining shares. 


as you should know by now insiders own 20% of the shares and Dom himself owns around 5Million shares and he has said he is going to maximize shareholder value. So we should also look at all the warrants and ESOPs and options that are not in the money and not even close and take that into consideration. 

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