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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

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Post by arh0070 on Mar 26, 2021 3:43pm

BNXA

Well Mr Market does not agree ,Voyager up about 5$ a share in the last 24 hours and Banxa continues to weaken and go down .There is simply no comparison between the two companies despite what the Banxa booster club would have you believe .Might be a decent buy at 2 $ Us a share ,or perhaps the 4$ Canadian that the insiders are getting it at .Paying a massive premium on Banxa over the 4$ Canadian offering price is not a good idea as has been amply demonstrated in the last few days . 
Its pretty obvious that Voyager has a much better business than Banxa and this is why Mr Market is valuing the company much higher .There are lots of pipeline companies  Like Banxa .I happen to own Chainlink which in a defi account yields 6% .Voyager competes against Coinbase but offers more products and at a much cheaper rate ,trading on Coinbase as anyone who knows who uses it is very expensive .The potential revenues for Voyager are mind boggling .
Both are however very volatile and not for the faint of heart .
Comment by Vancity1 on Mar 27, 2021 12:31am
Arh0070 listen buddy nobody cares about what you have to say about Voyager here this is not the Voyager board.  Remember this private placement ? https://www.businesswire.com/news/home/20190929005026/en/Voyager-Digital-Announces-1.8mm-USD-Private-Placement Company's grow there is lots of room for competition in the space. Look at how many fiat payment services provider ...more  
Comment by Vancity1 on Mar 27, 2021 12:36am
how about this PP I think you over paid ! https://aithority.com/technology/cryptocurrency/voyager-digital-completes-private-placement-of-c2-9-million/  
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