Noticed the crossing as well Evo1, the stock has been in the doldums for quite a while, and seems to have bottomed out. If the announced negotiations with Auschoice actually go ahead, the company will be re-rated significantly into a fully fledged financial services company rather than the struggling financial services company it is currently.
Auschoice are a company that has over $1.5billion funds under management and going by the profit figures on the moneymanagement website, makes approximately $4-5million profit growing at roughly 6-7% annually.
The deal must be super complicated as it seems to be taking forever to get it done, but as they say, good things come to those that wait.
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Noticed the crossing as well Evo1, the stock has been in the...
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