PPH - PushPay (Church/donor software.)

[Harvey Specter]

Another potential listing, probably on the NZAX:

http://www.nbr.co.nz/article/pushpay...ting-bd-154146

Not sure if there will be an IPO or just a pre-listing round followed by a compliance listing (lie GEO).

[steve fleming]

I reckon SparkytheClown would quite like this company

Shame he is no longer around to comment on it

[percy]

I reckon SparkytheClown would quite like this company

Shame he is no longer around to comment on it

Yes, A great shame he is no longer here to comment .As you point out I think too think he would have liked it.He certainly would have spoken to management and given us the good oil.!
Wonder what he is up to? Retired like Phaedrus,cruising the cannels of Southern France,perhaps?

[sommelier]

"The company has prepared forecasts which indicate that the $2,778,910 of cash generated as a result of the post year end capital raising, cash flows from operations and raising a further $9,000,000 of additional capital subsequent to year end will enable the company to continue operating for the foreseeable future, which is not less than 12 months from the date these financial statements are approved.
"
Sweet, at least 12 months before the next capital raising. $1.6m loss on $316k revenues makes it look similar to the first years of SNK, VML, except they are worth <$20m and this is worth $50m...

[Harvey Specter]

What was the pre-IPO round priced at? $1?
I assume this is just a compliance listing with no new shares offered?

Edit: found it. July round was at $1, the April round was at 58c and the rounds before that were various but none less than 26c

[Harvey Specter]

A few buyers, no sellers. I guess a quick 33% return isn't enough.

[Shore]

Must be missing something with this one... won't this company get squashed like a bug if Apple decide to turn iPhones into a fully fledged payment device (as they are heavily rumored to do). How will an app like this survive when the very functionality they provide will embedded into the iPhone?

[Zaphod]

Yes. And not just be Apple. There are many in the mobile space trying to turn the mobile into a wallet.

Just possible, but extremely unlikely, that the bug won't get squashed but instead taken over.

I agree; I think an acquisition is the most likely long-term outcome for this company, given the number of providers of this type of service. Some consolidation is inevitable.

[airedale]

I heard that they are looking to list on the main board soon, or soonish.

[Crystal Ball]

I heard that they are looking to list on the main board soon, or soonish.

Wonder what that will do to the share price. Not much depth- 1 buyer and 2 sellers only...and not much activity over the last couple of weeks....