CXZ 0.00% 2.7¢ connexion mobility ltd

Is there a reason why GM wouldn't buy CZX ?For the cash flow...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,197 Posts.
    lightbulb Created with Sketch. 1
    Is there a reason why GM wouldn't buy CZX ?

    For the cash flow they are generating ... surely at some point the economics mean that its cheaper to bring it in house? If they were selling to other companies I could understand the reluctance?

    Sorry I am new to the stock... if this has been discussed please advise and I will go search for the thread.
 
watchlist Created with Sketch. Add CXZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.