By PAUL PANCKHURST
The biggest company on the near-defunct New Capital Market, Finzsoft Solutions, is making a break for it - trying to escape to the main board of the Stock Exchange.
The banking software company this week decided to seek main-board listing and is due to discuss the issue today with Stock Exchange markets development manager Geoff Brown.
The exchange is expected to look favourably on the move.
Another NCM company, Feverpitch - soon to be renamed Kidicorp as part its switch in focus from online gambling to childcare - was yesterday cleared by the exchange to make the leap.
Finzsoft is one of those rare firms with a good word to say about the NCM.
But managing director Barrie Shannon said the company wanted to escape the negative associations that went with the NCM as a board now barely functioning.
With a market capitalisation of $6 million, Finzsoft is the right size for the Stock Exchange's planned growth board, provisionally known as the AX, or Alternative Exchange, it planned for an August launch.
Newmarket-based Finzsoft was founded in 1986, listed in 2001, and has about 35 staff and 300 shareholders.
Finzsoft tries to quit ailing NCM
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