Company Report
Last edited 4 years ago
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#ASX Announcements
stale
Added 4 years ago

Tinybeans shares are now eligible for electronic clearing and settlement through the Depository Trust & Clearing Corporation ("DTCC") in the United States (see attached).

 

Not of direct relevance to the underlying value of the business but by enabling US citizens to purchase shares via DTC there should be increased interest in the company.  The price bump today shows it as a positive, as demand capacity is increased and access to capital (which they need going forward to grow) is now easier.  So indirectly the value of TNY just went up - no idea how to quantify it, but worth noting it adds upward preasure on price.

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