XMD 0.74% 10,636 s&p/asx midcap 50

CPU reading HC about interest in blockchain stocks and CPU came...

  1. 1,848 Posts.
    lightbulb Created with Sketch. 10
    CPU
    reading HC about interest in blockchain stocks and CPU came to mind- "the majors" move first used to be my observation of charting trends, but nowadays specs outshine.

    dont know much of the other details -14% decrease in US tax rates and blockchain focus should get more buyers interest.

    "US Tax Reform -earnings impacts
    ›For the full year FY18, the US Federalcorporate tax rate for Computershare is expected to be around 28% compared to 35% in FY17. This will fall to 21% in FY19. In FY18, Computershare also expects to continue to benefit from certain US tax deductions that will either reduce or cease to be available from 1 July 2018"

    Blockchain
    ›In all of the markets in which we operate, including Australia, where it is proposed that blockchain technology will replace the current CHESS technology infrastructure, we remain firmly of the view that the registrar function will continue to be a sustainable and integral component of the market infrastructure. With a view to exploring a broader range of commercial opportunities that blockchain may enable, we have increased our equity stake in SETL to 11.3% with Board representation
 
watchlist Created with Sketch. Add XMD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.