Ann: 9 Spokes frees up ability to secure new bank opportunities, page-54

9 Spokes

For those of you who may have misunderstood what 3bees posted up there
let me say it again.

It appears unusual that in New Zealand, a country that has such a great track record in producing successful start-ups, little 9Spokes which holds a UK open banking third-party license, and is reported as being in the final stage of discussions with a major US Bank, is sitting there at less than 3 cents per share.

If 9Spokes was listed on the NZX do you think it would be there at this price?

I very much doubt it.

New Zealand's success with start-ups is because it looks after its small companies.
It gives them plenty of media attention and while it lacks the capital resources of the ASX it encourages investors, and supports its companies on price.

So what's going on here ?

I have suggested that because 9Spokes IPOed on the ASX and has had no secondary listing on the NZX it may have escaped the attention of NZ investors.

Thank you kiki52 for responding to my post.

I am very pleased that you are a New Zealand shareholder but only wish there were more of you.

I don't think many Kiwis have heard of 9Spokes.

Do you know how many Kiwis have heard of 9Spokes ?

I'm certain that 9Spokes would benefit greatly if it raised its profile at home by ensuring that it is not overlooked by mainstream reporters simply because it is not listed on the NZX.

9Spokes is a New Zealand company and NZ shareholders may need to encourage their local reporters to attend 9Spokes AGM in Auckland this Monday and report again on this company further in the future.

Now about this other matter.

Kiwis may believe that Australians pinch their stuff but the equation is equal on both sides.

If a Kiwi company can pinch Australian capital on the ASX then New Zealand should make sure that they play their part.

At this moment, 3bees thinks 9Spokes looks pretty, and she is dating a US Bank.

So come on Kiwis - Support your company. Spin your magic !

And we can both share this one.


3bees