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Countplus Limited (ASX:CUP) will move to expand CUP’s part ownership model, with plans to list a new accounting company in a few years.
The aggregation network says it will fast-track plans to buy a new stand-alone accounting firm on a part ownership basis.
While Countplus made no mention of the accounting firms it plans to invest in, the strategy is to step up part acquisitions of firms such as the recently acquired Hood Sweeney.
Countplus Chairman Barry Lambert says the move is a natural evolution of accounting ownership and succession planning and could also prove to be more beneficial than the decision to list CUP.
Countplus generated a net profit of $6.02 million for the first half of 2013.
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Last
94.0¢ |
Change
0.010(1.08%) |
Mkt cap ! $159.1M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 94.0¢ | 92.0¢ | $2.718K | 2.908K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 831 | 93.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 16782 | 2 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| CUP (ASX) Chart |