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Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Financial Services
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 > Dilution coming ?
View:
Post by Vancity1 on Aug 26, 2023 1:17am

Dilution coming ?

In my humble opinion, Banxa needs capital if they plan to open up operations in the USA in a meaningful way in October as it says on there website. The final shakeout will be painful I'm sure. I wouldn't be surprised to see the shares drop under 0.50 CAD. At that point who will have to confidence to drop more money to avg down ? I mean 99% of the time investing in Banxa has been nothing but disappointment and a downward slide so who knows what's happening here. And to the hater commenting on my last post about PayPal and Banxa, PayPal offers many cryptos for purchase so do you research before arguing.
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