sharetrader
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  1. #1
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,316

    Default Catalist - Unlisted competitor?

    https://www.stuff.co.nz/business/prosper/125393428/stock-exchange-for-smaller-companies-aims-to-fill-huge-gap

    A stock exchange for smaller companies has been granted permission to launch.

    Catalist​ was designed to fill a “huge gap” in New Zealand’s capital markets, said chief executive Colin Magee.
    For while New Zealand already had a share market, the NZX was only economic for larger companies, not the high-potential smaller companies Catalist would be trying to attract with an initial value of $6million to $60m, he said.


    Of particular note for me, is the idea of having the occaisional auction instead of 'continuous' trading.


    om mani peme hum

  2. #2
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    2,597

    Default

    No developments on their website, and nothing being traded.

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