Orion Health

[Balance]

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

Great attitude to drive NZ investors out of the market and into properties.

No wonder the likes of PLus SMS, Snakk, Feltex, finance company bonds etc proliferate in the NZ market!

Go over to other countries and observe the strict rules they put in place to protect investors. Here the NZX regulates itself!

[Harvey Specter]

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 probably was. Signalled very large privately (predominately by 1 person) held company finally looking to the markets for expansion capital. Haven't had that in ages nd hopefully we see more (though at a better price with better short and longer term prospects). He didn't say it would be a good investment. That isn't his job.

[Balance]

it probably was. Signalled very large privately (predominately by 1 person) held company finally looking to the markets for expansion capital. Haven't had that in ages nd hopefully we see more (though at a better price with better short and longer term prospects). He didn't say it would be a good investment. That isn't his job.

Very true - you can float a rusty bucket, a smelly decomposing Barramundi or a slippery poisonous snake if you like. What does the NZX care? Mr Bennett in his comments below forgot to add that anything goes as far as the NZX and the NXT are concerned.

Orion should have had to issue forecasts to be listed - that's my take on the pathetic state of the NZX whose sole focus is making money.

NZX Chief Executive Officer Tim Bennett says the addition of Orion Health to the NZX Main Board is a further demonstration of the opportunities for growing companies to gain the support of New Zealand investors.

"The listing of Orion Health today demonstrates the effectiveness of the New Zealand capital markets. Since it was formed, Orion Health has had access to private equity and now the public markets which has provided it the capital to rapidly grow the business at each stage of its development."

[BlackPeter]

Sub-$5 today. You heard it here first

Well - not quite yet, but given the information they gave about the next quarter, I am rather confident they will get there rather sooner than later while they keep burning their cash.

Might be sensible if they are asking their share holders for more money while the SP is still on lofty heights (following XRO and PEB); Who knows, where the SP will go if they first burn up all their precious cash?

[Frostwind]

Is this stock available to be shorted?

[Balance]

Is this stock available to be shorted?

Please find out and let us know.

A sure bet if ever there was one.

[BFG]

Sub-$5 today. You heard it here first

Off by a day. Ah well, can't be right ALL the time

[GoldenStag]

So, yesterday was the dead cat bouncing. Now, how long is the full slide?

[BFG]

So, yesterday was the dead cat bouncing. Now, how long is the full slide?

How long is a piece of string? It could go on for days (WHS had 9 straight days of losses) or just today.

Watch the charts carefully for oversold situation with high volume hammer as the decider for a short-term reversal. Someone will eventually find value in this stock at SOME price!

[Balance]

Please find out and let us know.

A sure bet if ever there was one.

Any luck, Frostwind?