SRT 0.00% 18.0¢ strata investment holdings plc

Guys - volume is key - (approximately only ) over 17,952,157...

  1. 3,400 Posts.
    Guys - volume is key - (approximately only  ) over 17,952,157  million bought at 2.2c and 3,296,487 at 2.1c and over 1  mill at 2.3c
    so something going on as VWAP is close to 2.2c

    OPPIES - SRTOA / SRTO will simply follow head shares as they appreciate -

    Heres the deal

    Highlights 

    Conditional binding Terms Sheet to acquire a leading Australian financial technology (FinTech) company, Intiger Asset Management Pty Ltd (Intiger).
     Intiger is the first combined Software Development House and Offshore Processing Platform dedicated to the Australian Financial Services industry.
     Intiger has developed operational, proprietary, cloud based software, LiLLY, that digitises and automates core components of the Financial Planning process, including the production of automated statements of advice, and KLIP, which tracks key performance indicators of a Financial Planning practice.
     Intiger offers a compelling value proposition to the Australian Financial Services industry, that when fully implemented, is expected to contractually guarantee to cut the operating costs of Australian Financial Planning practices by 40%.
     Intiger is focused on creating positive, ASIC & Australian Privacy Principals Act compliant, wide spread change within the Australian Financial Services industry which generated over $182bn in revenue in the 2015 financial year.
     The acquisition of Intiger is considered low risk by the directors of Star Striker as consideration for Intiger is based exclusively on net profit after tax (“NPAT”) performance milestones that relate to up to $40m NPAT in a three (3) year period to 30 June 2019.
     Public offer to raise a minimum of $2.4m at $0.02 per share which is proposed to be underwritten and for which strong demand has been shown by existing industry participants and Intiger’s national stakeholders and clients.
     Subject to shareholder approval Star Striker Limited proposes to change its name to Intiger Asset Management Limited. Star Striker Limited (ASX: SRT) (Star Striker, or the Company) is pleased to announce it has entered into a conditional binding terms sheet (Agreement) to acquire 100% of the issued capital of Australian based Intiger Asset Management Pty Ltd and associated entities (Intiger Group). Current Status of the Australian Financial Services Industry The Australian Financial Planning industry is undergoi
    Last edited by Schumacher: 11/02/16
 
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Mkt cap ! $30.49M
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Buyers (Bids)

No. Vol. Price($)
2 19040 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 197024 1
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