It works other way as well. If UK business is in trouble then we would need huge amount of Aussie pesos to send over there. This what caused massive losses to AMP and NAB. it can be bottom less hole.
Pexa is good business like ASX in Australia. They generate decent profit here. They can buy other technology companies here and grow. It is bit concerning when company's core product is not used but they have to use competitor platform to grow. It is becoming spaghetti bowl of platforms.
may be best strategy is to keep pexa for Asia Pacific and try to build a system for UK and EU market. This way we can have two business and can be sold separately.
imo & dyo
It works other way as well. If UK business is in trouble then we...
Add PXA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B | |||
| Open | High | Low | Value | Volume |
| $13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 965 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.89 | 800 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PXA (ASX) Chart |