At least IKE didn’t put all their eggs in one basket
Only $5m in SVB
http://nzx-prod-s7fsd7f98s.s3-websit...198/390536.pdf
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At least IKE didn’t put all their eggs in one basket
Only $5m in SVB
http://nzx-prod-s7fsd7f98s.s3-websit...198/390536.pdf
IKE obviously not in the silicon valley click... Didnt get the memo last Thursday to withdrawal the funds and be part of the $42b that ran
Even the sharks Cuban and O'Leary have been caught out, although in Cubans case he has stated that come Monday he will be writing out checks to keep the payroll and company going along as usual.
with the buy side dried up since Q3 results this latest news could kick it down into the 80 cent range. im not down ramping, im a holder. just how i see it
Yeah, there'll be some panic retail selling unfortunately. Expect some turbulent time in the short term...fortunately its not huge amount but enough to cause bit of pain.
yep down into the 80 cent range. rough
probably due to articles like this:
https://www.stuff.co.nz/business/131...-bank-collapse
Looks like they will be OK:
us-announces-it-will-stem-silicon-valley-bank-fallout-customers-to-have-deposit-access
All is well from IKE's point of view as per their latest update, onwards and upwards...