EXE 0.00% 3.8¢ exoma energy limited

Ann: Exoma to acquire The Gruden Group, page-19

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  1. 3,390 Posts.
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    Wait till the deal is completed when the votes go in (3-4 weeks from now).

    Once the deal is complete, I think it needs to do a corporate presentation on what it does. If it can pitch itself as a fintech company or m-commerce and show its future growth profile, you will see the interest come through.

    Fintech is potentially the bank disrupter, thus the banks are investing in fintech as well.

    The key point is there is no need for capital raising which is good as Exoma is adequately funded with around $7m cash. It will just be a company name change and ASX code change.

    Everyone vote in favour of the deal.

    http://www.asx.com.au/education/inv...tech-companies-disrupt-the-big-four-banks.htm

    http://www.perthnow.com.au/business...ns-off-the-banks/story-fnkjj31i-1227478552703

    http://www.theaustralian.com.au/bus...nt-opportunities/story-e6frgac6-1227474608306
 
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