Quote Originally Posted by Balance View Post
There is a wealth of experience lurking here indeed, Xerof.

And it's good to restate the obvious from time to time against the tide of market sentiment unlike the NZX itself which imo has now being managed to maximise profits for the operator rather than a balance with care for investors.

Best to steer clear of the NXT market!

Statement of the year in 2014 : "NZX chief executive Tim Bennett told the audience gathered at the firm's Grafton head office for yesterday's listing ceremony that Orion's IPO was probably the most significant event in New Zealand's capital markets this year".
It's not the NZX's job to steer investors away from bubbly stocks, it's their job to facilitate a fair exchange that allow buyers and sellers to transact in a fair manner, as well as making sure the companies are playing by the rule. If people are willing to pay up, it's really their choice