Discussion forum for investors. By HotCopper Australia.
HotCopper was started in 1995 by Internet Entrepreneur Ron Gully. The name originated from Ron Gully's wish to have a forum that dealt with HOT Penny Stocks.
It was migrated from Ron Gully's original page that was located at www.wp.com/rongully to the web in 1995 by Ron Gully from Geelong. In 1999 Ron Gully listed it on the ASX (Australian Stock Exchange) and was the shortest ever listing (not in administration) being only listed for two months before being taken over by Bourse Data Limited. Bourse was then taken over by St George Bank. Hotcopper was then sold following the internet crash to The Financial Arena Pty Ltd. Under their stewardship the site was reduced to a few hard core users. In 2004 it was purchased by many of the 1999 owners under Report Card Pty Ltd for a fraction of the takeover price paid by Bourse Data Limited. The site has now grown from 1,000 users a day to over 20,000 a day and is now a real threat to Fairfax and Newscorps finacial websites.
