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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 > Bnxa TTV
View:
Post by arh0070 on Apr 13, 2022 1:22pm

Bnxa TTV

November 2021 173 million us 
December 2021 133 million us 
January 2022.     121 million us
febuary 2022.       76million us
march 2022.          60 million us .
The numbers speak for themselves ,revenues in March down to one third of last November .I was expecting them to be a little better but they were not .No wonder the director of Marketing has left .
This is not a good trend with expenses tripling and revenues markedly down .The cash burn rate must be horrendous ,all will be revealed in the quarterly report in about a month.
Meanwhile BNXA,S only savior will be the Cryptos going up ,right now they are in a trading range between the 200 day moving average and major support which just held yesterday for BTC/ETHE .
please note BTC is in a bear market but we are hoping for a retracement and alt season .
All those posting recently with bullish comments would appear to be in "cloud cuckoo land".
Comment by Domenic on Apr 13, 2022 5:49pm
007 still here, the difference between before and now is that Banxa had record TTV and added new partners. And they announced the bear market and Btc reached new ATH. They talked it down and BTC as well as Banxa performed positively. BTC can't decide between up and down. I agree with them on Banxa. It is clearly below expectations. You are allowed to express negative opinions. Last year they ...more  
Comment by PennyWise416 on Apr 13, 2022 8:52pm
It is true that Ahr007 is wrong all the time, even going so far as to now claim he sold things at peak profit in Spring last year when he didn't. Not sure why he continually posts here on the matter. Shilled Voyager into the summer well past its peak and into a BTC downtrend, sold at a loss, then in Fall said BTC is entering 5yr winter right before BTC had an all time high, since that time ...more  
Comment by Urbani on Apr 13, 2022 10:19pm
007 is hard to follow... but each to thier own. Bullboards and some posters certainly have thier own mantra. I sold some at the high, but bought more closer to the high's as well, but I was lucky getting into BNXA before it listed and bought 20,000 shares at .90 cents first hours of trading. BNXA will do well and continue to do well... Penny is correct... a lot of good companies are getting ...more  
Comment by PennyWise416 on Apr 13, 2022 11:06pm
Moved a bit out at 6, small buy at 7, original buy in at 2.6 then more at 2.5, 2.75, 1.8, 3.5, 2.6, etc. Pretty even steven, if I was big into others that wouldn't be the case. The stock is actually doing pretty good for me. I get the idea of 'to each their own'. Ahr's a bit of something different. It's spreading FUD from a non-investor, but a tad more perverse in that he's ...more  
Comment by BigBangOrigins on Apr 14, 2022 12:14am
It's best to ignore him. I'm all for negative opinions as long as they are based on facts and logic. It creates for a constructive discussion and improves all our understanding of the investment.
Comment by PennyWise416 on Apr 14, 2022 7:34pm
I'm bullish on bnxa, and criticize arh. Big TTV growth yoy - and keep in mind that's compared to a ~58k btc bullrun at the same time last year. Would love to see numbers if crypto and the market in general started roaring. And the share price of BNXA...it's actually pretty good. It's holding steady and I'm barely down at all. Actually surprised it didn't repeat last winter ...more