PPH - PushPay (Church/donor software.)

[nextbigthing]

Any ideas on why the market cap has gone beyond reality and into fantasy land?

The market is pricing in a sure thing. It would be highly risky to buy in at these levels. MC should be around the $10-$25m levels..

Exactly.

The scary thing is it may still go way further. Look at Xero or geoop.

[robbo24]

Exactly.

The scary thing is it may still go way further. Look at Xero or geoop.

Too late in the day for that type of carry on, in my opinion.

This stock is so illiquid anyway... Listed by way of compliance listing - i.e. no capital raised.

Someone's going to have to sell down in order for the shares to get out and about, at this point anyway.

Now, why would any current holders possibly want to sell down?

We all know what BFG, snapiti and NBT say about sell-downs by important holders and positions within a company...

[Schrodinger]

Too late in the day for that type of carry on, in my opinion.

This stock is so illiquid anyway... Listed by way of compliance listing - i.e. no capital raised.

Someone's going to have to sell down in order for the shares to get out and about, at this point anyway.

Now, why would any current holders possibly want to sell down?

We all know what BFG, snapiti and NBT say about sell-downs by important holders and positions within a company...

This is a great candidate for shorting when the restrictions come off. Any ideas on brokers that allow shorting in NZ?

[robbo24]

This is a great candidate for shorting when the restrictions come off. Any ideas on brokers that allow shorting in NZ?

Intraday shorting is easy, just sell shares you don't have and buy them back before the end of the day.