StockTalk

General Category => NZX => Topic started by: Left Field on Dec 03, 2025, 05:05 PM

Title: LOC - Locate Technologies Ltd
Post by: Left Field on Dec 03, 2025, 05:05 PM
A first for NZX...... an Australian company preferring to list on the NZX.

Mind you it is a Bitcoin Treasury Company and as the company itself says, "Given its Bitcoin strategy, an investment in Locate NZ is a high-risk investment. A substantial portion of Locate NZ's assets are intended to be held in Bitcoin, which is extremely volatile."

https://api.nzx.com/public/announcement/463831/attachment/458205/463831-458205.pdf

Crikey what could possibly go wrong!?
Title: Re: LOC - Locate Technologies Ltd
Post by: Mos on Dec 03, 2025, 06:15 PM
Quote from: Left Field on Dec 03, 2025, 05:05 PMA first for NZX...... an Australian company preferring to list on the NZX.

Mind you it is a Bitcoin Treasury Company and as the company itself says, "Given its Bitcoin strategy, an investment in Locate NZ is a high-risk investment. A substantial portion of Locate NZ's assets are intended to be held in Bitcoin, which is extremely volatile."

https://api.nzx.com/public/announcement/463831/attachment/458205/463831-458205.pdf

Crikey what could possibly go wrong!?

You know it's shit when an Australian company prefers to list on NZX🤣
Title: Re: LOC - Locate Technologies Ltd
Post by: entrep on Dec 04, 2025, 09:39 AM
Quote from: Mos on Dec 03, 2025, 06:15 PMYou know it's shit when an Australian company prefers to list on NZX🤣

lol good call!

And in fact this in the first occurrence of a ASX listed company moving one way to NZX