Banxa Holdings Inc V.BNXA

Private Placement closes tomorrow April 8th

[Adwari]

Then the lid on BNXA will be open!

[Urbani]

BNXA... Keep th elid on it or not .... I am buying still... Revenues per annual basis in the $31 plus Million Dollar range right now !! Growing super fast !! Crazy numbers !! Holy Cash Cow Batman ! $7.40 per share ???? HELLO... First time in a long time that the little retail guys are going to do well because of the PP and the new listing.... Well over $25 Dollars a share this Year .... So

[Vancity1]

You know I'm in this deep with you all but I'm not sure why ppl keep thinking that just because a private placement has closed you think it's a good thing ? Please explain becaue to me it doesn't mean anything.   

[Kiluminati]

I'd love to understand the thought process on this too!

[Urbani]

If you have never dealt wiith the TSX or were more involved in other companies doing a PP before, then you would not know.... However, if you hav enever seen that posted before about a PP, then the stocks you were in were very mature and that would not matter you are right. Some on the CSE can see the share price appreciate and not worry, I think that will change on the CSE sooner than later....

[Kiluminati]

Thanks for elaborating I had never experienced this before. 

[GoldenArm]

They came out with a presser today. What happens now? Canada NewsWire $400 million in transactions for the 9 month period ended March 31 Record March quarter transactions of $205 Million Record transactions of $79.5 Million for the month of March 2021 26% quarter-on-quarter increase to 63 network partners VANCOUVER, BC , April 6, 2021 /CNW/ - Banxa Holdings

[Urbani]

Golden... It simply means that BNXA is a Cash Cow... It also means that the Cash Cow is only increasing everyday... It also means that the market cap will be worth more and more ...

[Urbani]

What would not be good news is that the PP does not close this morning or during the trading day... the TSX Regulators will take the final number end of day or even Friday to get the stock to thier magic number they are good with... Since the big boys are doing the financing, it will be more lenient... However it looks like the TSX doesn't like the current price... Funny that hte TSX

[GoldenArm]

You hit on a couple of points that were also in my thinking. If a cash cow then why the PP?

[PennyWise416]

That deal was likely made when the company was obscure and still new. Only started trading in Jan. And the $4 price was actually higher than the avg price it was trading at ($2.50-3.00). Only a coincidence that we had the Motley article and the stock started takeoff when the PP was announced publicly a couple days later. Either way PP closed, today huge jumps, looking like a good week. 

[cryptoangel]

Yep - this is a good outcome done and dusted. Next raise will be WAY higher IMO and be under a shelf prospectus.  Still I think BANXA should now kick off informing the market about its growing business. So many people think its Aussie, and yep that's where it started. But now it's worldwide. My understanding there largest market is now USA not Aussie.  More news, more