Some Hotcopper Holdings
Some Hotcopper Holdings
The acquisition made HotCopper a division of Bourse Data. In 2001, Bourse Data merged with St.George Bank, which reprivatized and sold HotCopper to personal pursuits. The Financial Arena then offered HotCopper to Perth-based company Report Card Pty Ltd through a deal brokered by Tony Cunningham in 2004. The website first came to prominence in 1997 when an oil discovery in Manila was reported in a post on HotCopper generating 45,000 hits.
- In a usually rising market, HotCopper’s investments to 1H19 were down 30 per cent.
- Tom prefers growth investing over value investing and says it’s not rocket science, simply avoid overpaying for the most effective returns.
- Remind me to verify again in if it ever has a $10 million market cap.
- The company derives income from commercial and company advertising.
- The unique HotCopper Logo was a picture of a 1c and 2c coin.
HotCopper are Australia’s largest stock trading and funding web discussion forum with over 250,000 registered members. By September 2012, the company had one hundred seventy,000 members and acquired 6,000 posts a day. By December 1999, all posts have been vetted by a moderator who was a skilled funding adviser to ensure the site didn’t give funding advice. HotCopper was listed on the Australian Securities Exchange in December 1999 by Tony Cunningham of stockbroker D J Carmichael, who bought stake in the company from founder Ron Gully. In January 2000, HotCopper grew to become a division of Bourse Data after it was acquired by the company for $11 million.
Markets Data
Shareholders have seen the share worth fall at 19% per 12 months, for three years. This implies the market had greater expectations of Hotcopper Holdings. However, that is up to now now, and it’s the long run is more essential – and the long run looks brighter .
Take risks, for example – Hotcopper Holdings has 6 warning signs we think you must learn about. HotCopper has news, discussion, prices and market data on BRAINCHIP HOLDINGS LTD. Join the HotCopper ASX share market discussion board right now for free. Read detailed firm information together with present share prices, financial summary, administrators, announcements, dividends & news. Mr James believes the corporate can speed up earnings inside existing businesses similar to its function which allows companies to immediately talk with buyers and add income from growth choices. They embody joint ventures, new markets and the introduction of a mobile app subsequent yr.
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The legal action comes lower than two weeks after Flinders announced it would improve its strained relationship with its minority shareholders. Alfred Chan is an Analyst at Emerald Financial, specialising in ASX-listed small cap firms. ‘Up Ramping’ and ‘Down Ramping’ are frequent terms used by posters amid flaming other users. For the newest interval it additionally paid no dividend, in comparison with payments of 1 cent and o.5 cent per share for the 2 prior periods. In fairness to its homeowners it did publish a web profit of $361,000 on income of $2.2 million for the six month period ending December , although each numbers had been down forty six% and 10% respectively on the prior corresponding interval.