The management of the Warsaw Stock Exchange expects
that 15 companies will be listed on NewConnect through the end of this year.
Nine months ago, Ludwik Sobolweski, CEO of the WSE, said that a new market for
young, dynamic companies would be founded. He kept his promises. A new era of
extraordinary incomes and losses with extraordinary risk starts for investors.
To cut things short: a market for strong men.
The first five
companies to be listed on NewConnect include: Wroclawski Dom Maklerski
brokerage, S4E, Digital Avenue, ViaGuara and Virtual Vision. The number of
companies listed here may grow fast. Analysts estimate that up to 2,000 firms
will debut on NewConnect. The new market is supposed to fill in the gap of
access to capital for companies whose main assets are vision and business plan.
However, not only start-ups like Virtual Vision will debut on NewConnect but
also companies with some achievements or strong market position like Mera
Schody. They face a chance to get capital for development quickly and cheaply
thanks to simplified procedures and the so called private issue directed to
chosen investors. This will increase the growth of small and mid-sized
companies. In addition, small companies will get experience necessary to be
listed on the Warsaw Stock Exchange in the future.
On the other
hand, there is a lot of hot capital looking for investment opportunities.
Absolut East West Master Fund has already invested in several companies debuting
on NewConnect, including WDM, MW Trade and Mera Schody.
To reach income. With sweat, blond and tears.
Warsaw (Puls Biznesu) - Tomorrow NewConnect is being launched, the market for investors with extremely strong nerves.