LOC - Locate Technologies Ltd

Started by Left Field, Dec 03, 2025, 05:05 PM

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Left Field

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!?
"The difficulty lies not in new ideas... but in escaping from old ideas." (J M Keynes.)

Mos

#1
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🤣

entrep

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
AI-powered NZX announcement analysis → annolyse.ai