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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 > April 6 was $7.70 and slid two thirds
View:
Post by rankininlet on Aug 24, 2021 11:54pm

April 6 was $7.70 and slid two thirds

The chart tells the story.  Down, down since April 6th. Next big news could be PP at or under two dollars.  There is still risk in stock at 2.47.  On the positive side, BNXA is ripe for a buy-out as its customers and trade network in Europe, Asia, and down-under are very valuable at this point in industry development.  Its a mixed bag and can go either direction.
Comment by FederalReserve on Aug 25, 2021 3:20am
Thanks for your input *Rankininlet* what does "PP" mean? As in next big news could be "PP" at or under $2???? PP-private placement? If so, last news release did say they have sufficient cash and don't need to raise more
Comment by PennyWise416 on Aug 25, 2021 10:51pm
They've all slid big, Banxa is no different. Galaxy, Bigg, Vygr, even the miners. But as you mention the trade network and also infrastructure overseas is key. It's why I hold and buy more. Sure it's a gamble as all crypto is, and there's obscurity since they're across the world. But it's a gamble I like. KYC, compliance, legitamacy, on different parts of the globe. It' ...more  
Comment by FirstClass on Aug 26, 2021 12:58pm
I AGREE 110% .  I'VE BEEN LOADING UP  OVER THE LAST FEW  ! FC
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