PEXA is not SAP or some ERP where you configure stuff and run for each country.
this is what you are saying...
"Smoove and Optima are needed by PEXA UK to feed business to PEXA platform. They are not competitors of PEXA. Settlements are done manually if you call that competition."
this is what company is saying...
"However, the practical aspects of integrating Smoove’s technology, its product offerings like Smoove Complete and SmooveStart, and its customer base, with PEXA’s existing platform could present challenges."
old strategy has failed. Old UK CEO is gone... We have new CEO and new strategy. That's is why shares are down.
We have been feed some marketing rubbish that some how UK property industry is so ancient. Pexa going to show them how to do it. Smoove is founded in 2003 and we are end up buying that company because we are not going anywhere with pexa in uk.
dyo & glth & imo
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- Ann: Presentation - UK update and proposed acquisition of Smoove
Ann: Presentation - UK update and proposed acquisition of Smoove, page-35
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