I heard that they are looking to list on the main board soon, or soonish.
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I heard that they are looking to list on the main board soon, or soonish.
It will probably do very little to the share price in my view.
It is intriguing that there is such a small number of trades after a listing on the market.
By comparative standards to, say, Snakk Media (SNK) one might surmise that the lack of directors/chairpeople/substantial holders selling out and/or "donating their shares to a charity" is a sign of confidence.
It just makes me wonder what is the point of listing at this stage if the stock was going to be so illiquid - other than raising capital of course. Although, capital could have been raised (again) without listing.
Twitter that.
I see PushPay made another announcement the other day about an agreement with NZ Post.
A flurry of trading followed, resulting in increased volumes of 2000 shares changing hands.
December is coming up. Be very interesting to see if PAY has reached the 600 forecasted by end of year it had in the prospectus. Hopefully we should see a sales report sooner rather than later to see how this company is tracking!
Have you seen the depth of Meridian Instalment reciepts on the Asx? 2 buyers 2 sellers, yesterday there was one buyer no sellers (and I may or may not have been one of them) ?