Trade window ipo launch

[winner69]

Share price going gangbusters last few days

Suppose the sky is the limit for TWL

Bit of punting money not going astray

[porkandpuha]

Share price going gangbusters last few days

Suppose the sky is the limit for TWL

Bit of punting money not going astray

There was a large quantity of small parcel bids which looked like sharesies size parcels, buying into large quantity sells. A similar thing happened back when Cannasouth was going off last year - the "market" buy couldn't keep up with the quantity on offer and the price shot north.

That bid/offer imbalance seemed to even out around 11am today with TWL so I took some off the table for now.

[Sideshow Bob]

FY22 Results Announcement - 30 May 2022 - NZX, New Zealand’s Exchange

Total income $4.9m, up 108%
 Trading revenue $3.9m, up 136% from $1.6m in FY21 (up $0.5m or 32% excluding acquisitions)
 Gross margin 50%, up from 36%
 Total operating expenses $14.4m, up 76%
 EBITDA loss increased to $9.5m, up 63%
 Net loss after tax $10.8m, up 64%
 Cash and cash equivalents $5.9m, up from $1.4m

[Pegasus2000]

Apparently The Market is not happy with the result. Down to 1.18.

[Rawz]

these loss making companies trading on high sales multiples no good in this bear market

[Pegasus2000]

Yes. Too early to see the trend and a bit worry about the competitor as well.

[winner69]

Not loved at moment - even more so post result announcement

Punters waiting for the impending capital raise .... prob heavily discounted

Whatever 90 cents is long way from $2.40 or thereabouts

[Pegasus2000]

Thanks Winner. How is the price of capital raise based normally? Will they try to pump up the price before the raise?

[Sideshow Bob]

$10m Capital Raise

TradeWindow announces capital raising of up to $10m - NZX, New Zealand’s Exchange

[Nor]

"About TradeWindow:
Founded in December 2018, TradeWindow is an early-stage software company that provides digital solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase connectivity, and enhance visibility. TradeWindow’s software solutions integrate to form a cohesive digital trade platform that enables customers to more efficiently run their back-end operations, share information and securely collaborate with a global supply chain made up of customers, ports, terminals, shipping lines, banks, insurance companies, and government authorities."

But what would be one concrete, detailed example of just one aspect of all this. (For the ignorant).?