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Bullboard - Stock Discussion Forum 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... see more

TSXV:BNXA - Post Discussion

Banxa Holdings Inc > I stuck in there...
View:
Post by amp007C on Jan 08, 2021 4:02pm

I stuck in there...

Brutal nonetheless. I know one shouldn't get emotionally involved with stocks, but that was tough to watch. Good luck on Monday.
Comment by Finders on Jan 08, 2021 4:04pm
agreed but -19% from yesterday's 100% is not that bad next week shud be good for us remember float is only 1.2 mill so it will move fast
Comment by rankininlet on Jan 08, 2021 5:04pm
Its supposed to be a bumpy ride.  New listing.  Ausi company unknown to Canuks.  Massive move yesterday.  Some people taking profits.  Some initial holders cashing out I imagine.  Some panic sellers. My thought is buy dips or hold as long as you believe the story. Sleep well knowing company growth is awesome.
Comment by LFC1973 on Jan 08, 2021 5:09pm
Can someone please explain how the float is traded with this stock?  Aren't there 40.66m shares being traded and not 1.2m?  Also, how do the escrow shares come into play?   Total Shares 1.20m Shares Out 40.66m Escrow Shares 11.74m
Comment by evilballs on Jan 08, 2021 7:50pm
sorry... I blasted my broker list Thrusday afternoon so this was expected today... workign it down to accumulate.... I know how they work so I picked up some at $3 close to the close. 
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