Banxa Holdings Inc V.BNXA

Private placement

[arh0070]

This is a total ripoff ,selling to insiders /institutions at a 50% discount to todays market price .No wonder the price fell today .

[Vancity1]

Your don't understand the process of a PP I assume, so I'll tell you. When a company like Stifel wants shares in a company like Banxa they first ask Banxa and then they both apply for the process and submit it to the exchange which takes a week at least. 1 week ago we were sitting just under 5$ or there about so what happened for Stifel is lucky yes but they gave us 13mil$ and the company

[BCdude]

Well said. In general I don't like share dilution, but based on the most recent financials BNXA needs some money to continue growing. The PP is above the recent analyst price targets and the warrants are more than double the PP price. In total, this results in a fully diluted float of just over 45 million shares. Provided BNXA uses the money prudently, I feel this is a reasonable cost of

[Noscams]

the price fell because they dont understand or can see the big picture . They seen this been going up 10% to 20% per day . They never see it drop . Then the second it drops they panic . They going to be real annoyed in a few days . Its only dropped about 11% . Thats nothing compared with what it usually goes up in a day .