Join me & over 1.5 million other voting shares already committed to rejecting the $1/share buyout offer from $BNXA management/purchasers. We have a REAL chance to reject this but you need to vote in February. Contact your broker or look through their FAQ to find out how to vote!
$BNXA - Banxa Holdings Inc - News
Banxa Holdings To Go Private for $1.00 per share in transaction that completely screws the public shareholders.
Accusations of share price manipulation, collusion and insider trading are flying around online message boards.
Banxa is undergoing its best quarter in history. Obtaining revenues and profits at all time highs. While anticipating a major partner agreement in March.
However insiders have chosen to take company private at a price that is just 1.5x trailing 12 month gross profit.
This does not include new revenues occuring in this quarter that are potentially multiples higher than previous quarters. Which would value the company significantly higher once disclosed.
My share average is $0.60. I will make a 66.6% return from a 2-3 month hold period, but still I am irate at the total disregard for public shareholders.
It is my opinion that the stock should be taken private for at least $2.00 per share.
So what do we do now? Call regulators, Lawyers, and seek competing offers. There is a window for the transaction to close by January 31, for competing offers to be submitted.
If anyone reading this has clients in Crypto that would like to add embedded Web3 tech that is likely to be projecting $50m+ gross profit in the next twelve months or perhaps even higher. Than please reach out to me. There is a solid company here for sale, that the right tech company could really take to the next level.
Just this week Exodus Movement Inc. a crypto wallet provider was up listed to the NYSE. The revenues are nearly identical, except their valued at a whopping $1.36 BILLION USD.
Banxa was just taken private for a minuscule $46M CAD!!
I am furious!! Just look at this chart to see how egregious the manipulation was. The corp used to take the co private was established in July 2024. So there has been active suppression of the share price for the sake of go private for a while. Those dumps look like criminal insider trading activity to keep the share price suppressed for this deal!
#Crypto #Bitcoin #CryptoWallet #TSX #NYSE #Nasdaq
Missed out on Microstrategy? well it's not too late to get in early on $BNXA. 1 week ago we closed at 0.75, today we closed at 1.18
We sell at $10+
$MSTR $LQWD $SPIR $TSLA $HUT $BTBT $WNDR $CLSK $RIOT $BITF $BTC $ETH $XRP
$BNXA.v $BNXAF.us
Banxa is breaking out, just minutes ago touching $1.14 per share.
Banxa is a B2B payment processing tech provider for crypto exchanges.
Banxa makes its most money when the volumes and valuations in crypto are increasing. Increasing the commission sizes per transaction.
When I first started buying the stock was in the days leading up to Trump’s election in the mid $0.50’s. Once elected I then spent the next two trading days dominating the buying to build a sizeable position at an average of just a hair above $0.60.
Banxa is set to have its best quarter in the history of the company both in terms of transaction volumes and profits. In addition to this management stated in the previous quarterly update call that a “very big partner” was to be announced in this quarter.
The stock has traded absolutely perfectly since it cooled off the rapid highs following Trump’s election. Finally breaking out from that consolidation period this week.
I believe the fair value of the company to be in excess of $2.50/share today. In fact that may be very conservative when compared to peers in the industry whose valuations show $BNXA should be worth $300m+ in terms of market cap.
That is based on present data, not including this incoming major partner or the evolution in revenues slated to become public in early March 2025.
When $BNXA debuted on markets in 2021, the price shot up to $7.00+/share. I think there is a realistic possibility that with continued crypto popularity in 2025, that $7.00+ per share and perhaps beyond is a possible future outcome for Banxa.
Don’t miss the Banxa party!
#Crypto #Bitcoin #Ethereum #CryptoWallet #Nasdaq #TSX #Kraken #TSXv
$BNXA
Banxa is breaking out after consolidating following a parabolic rise in late October/Early November.
As a crypto payment facilitator, it had spent most of 2024 cleaning up its balance sheet and refining its operating costs.
Now with such a huge push in crypto markets, they are positioned to have their best quarterly revenue/profit in the history of the company!
Based on my projections. There is a chance the stock is trading 1/8th where I believe fair value to be when compared to larger companies in the same space.
Meaning there is fantastic short term gains that I believe will be delivered for investors going forward.
#Crypto #Bitcoin #DigitalCurrency #Doge #TSX #TSXv #Nasdaq #FinTwit #CryptoX
$BNXA is one of the few crypto stocks that are double digits green today. BNXA is still incredibly undervalued. Moonpay's valuation: 3.4 billion. Banxa brings in about 1/5th the traffic at 1/75th the valuation. Banxa is valued at only 45m. $LQWD $WNDR $MSTR $SPIR $HUT $BITF $RIOT
$BNXA the volume in the crypto market has been picking up with bullish sentiment. Banxa generates revenue by taking 2-3% from transaction volume while facilitating fiat to crypto & crypto to fiat conversions. $BNXA should have a great Q2 this spring.