NASD OTC - How Good Is It?
First, I do not know much about NASD OTC but reading this piece on Tekedia, it seems promising. According to Nnamdi,
“NASD Over The Counter (OTC) market Securities Exchange is a market which facilitates secondary trading of all securities of public listed companies in Nigeria and the West African region. Its main focus is to act as a catalyst by facilitating access to capital by pooling stakeholders in the capital market to a secure and transparent environment”.
He noted that Afriland Properties, Mixta Real Estate, Indomie Noole’s parent Dufil Prima and Peak Milk’s maker Frieslandcampina Wamco, are some companies that have used it.
To the experts here - how good is NASD OTC considering the broad connotation of OTC globally? What is there for a Lagos startup with decent balance sheet and growing just fine?
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