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16-11-2017, 10:53 AM
#1071
Originally Posted by King1212
December..is high in revenue. What would u see the Sp on the next January update ...Sb9?
A lot depends on their commentary in today's conf call. Having said that I won't be surprised to see sp with 4 handle next year....
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16-11-2017, 11:18 AM
#1072
Member
what's the link to the briefing. it doesn't seem to actually include it in the annoucnement??
edit: forget that...it's by telephone
Last edited by weasel; 16-11-2017 at 11:24 AM.
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16-11-2017, 11:36 AM
#1073
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16-11-2017, 11:48 AM
#1074
Nasdaq listing what does that mean for us though? How would it work for us if we wanted to stay holding essentially a US stock?
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16-11-2017, 11:52 AM
#1075
Member
They said they would remain listed on NZX and ASX post-any NASDAQ listing.
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16-11-2017, 11:52 AM
#1076
Member
Originally Posted by kizame
Nasdaq listing what does that mean for us though? How would it work for us if we wanted to stay holding essentially a US stock?
Chris mentioned there was no plan to delist from the NZX or ASX. Listing on the NASDAQ will allow them to gather more capital for growth opportunities (i.e. acquisitions)
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16-11-2017, 11:52 AM
#1077
hold your breath....when ASX open!!
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16-11-2017, 11:55 AM
#1078
Originally Posted by kizame
Nasdaq listing what does that mean for us though? How would it work for us if we wanted to stay holding essentially a US stock?
I think we will get the share converted in US dollar....
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16-11-2017, 12:12 PM
#1079
Originally Posted by King1212
hold your breath....when ASX open!!
Looks like they have just woken up. - nice!
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16-11-2017, 12:13 PM
#1080
Originally Posted by fiasco
Chris mentioned there was no plan to delist from the NZX or ASX. Listing on the NASDAQ will allow them to gather more capital for growth opportunities (i.e. acquisitions)
Yes, for now anyway.
And he also mentioned there's going to be a capital raise (US) in conjunction with primary listing in US.
One thing I liked in the conf call was the reference to flattening costs at the same time increasing revenue and GP margin. However, the head is expected to hit 400 from current 380 or so after which it basically flat lines from there.
That analyst from Craigs (Steven I think) had most of the questions and some good ones too. If anyone is their client watch out for recommendations coming through over next few days.
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