Post by
Urbani on Apr 20, 2021 9:13am
BNXA ... way undervalued
When Bitcoin was in the $40,000 range... BNXA was over $8.00 per share...
BitCoin at $56,000 and the bid ask right now is $5.40 ... crazy... I know BitCoin is not the end all and be all for BNXA, but the space seems to measure it... Now COIN is out trading and went down a couple of percentage points yesterday... big deal... still worth $10's of Billions market cap wise...
BNXA revenues have to be in the $30 Million dollar range considering the last Quarter TTV's
BNXA sitting at a $248 Million market cap ... like a 7.5 x multiple ...
Way behind other Crypto, which some are correcting in the market now, but less revenue and much higher market caps... I think I'll stay in BNXA...
New kid on the exchange.... I get it...
Comment by
Urbani on Apr 20, 2021 9:39am
Wow... I think I will not watch BNXA for the day and place soem stink bids in... Crazy for sure what is going on with a revenue generating Cash Cow...
Comment by
amp007C on Apr 20, 2021 9:40am
At this rate, you'll probably get them.
Comment by
Urbani on Apr 20, 2021 11:25am
Okay my Alerts went off ... BNXA ... ended up with two of my stink bids hit... Talk about baby and teh bathwater !! Good with that ... I will put in some more stink bids now...
Comment by
Vancity1 on Apr 20, 2021 2:41pm
The thing is these stink bids are actually helping stop the price falling too far becaue it looks like people are getting frustrated and dumping small amounts at market. I added another 1550 shares today hoping things turn around soon. Some type of support from management would be helpful...