NASDAQ 2022 - Banxa needs listing to shake up valuationrecent BANXA numbers look excellent for a newly listed company. Growth is tremendous, value is increasing, but stock price is falling. It makes no sense, with Crypto being the product and demand up. The only issue is the fact that Canadian Venture exchange is in real life terms the back woods while NYNY is the big city. Without that Nasdaq exposure and legitimizing the listing the institutionals will shy away. So be patient, load up and play a waiting game for the dual Nasdaq listing to be announced.
I do notice that COINBASE keeps moving up daily for the last month. There is no real reason that Banxa should not be following the curve, other than the exposure and buying pressure from big $$$ being absent in Banxa.
Target a double digit US$ stock price in Q1 - 2022.