CHP have said what the potential new acquisition is and they made it clear it was separate to Digital4ge
Our holding in Digital4ge gives us the look through upside from any further deals like RFN too so its a win win
I grabbed a few more on the dump will need to churn through alot of loose stock but 0.4c NTA makes this a great punt imo
App-based sports fan engagement business opportunity Chapmans is also in advanced negotiations with another high-potential mobile technology platform-based start-up (not part of the Digital4ge business), which is developing a unique App-based sports fan engagement business. The business model is based on providing fans with a new level of interactive, tailored and personalised access to their favourite sports stars. It seeks to provide an extension to standard media and social media via the utilisation of smart peer-to-peer (P2P) technology.
The fan engagement business aims to build a strong value proposition for players, fans, sporting codes and sponsors alike. Its strategy is to build a significant niche media business with a diverse portfolio of major sporting codes and players, in Australia and internationally, with large social media followings.
Chapmans will update the market on progress of negotiations on this opportunity in due course.
CHP Price at posting:
0.3¢ Sentiment: None Disclosure: Held
