NOV
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2.70% 3.8¢ novatti group limited

ASX doesn't get FinTech in general. Looking at the recent...

  1. komodo
    280 Posts.
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    27/06/22
    13:35
    Post #: 62226775
    ASX doesn't get FinTech in general. Looking at the recent acquisitions like the Paygroup takeover deal by Deel (US company). Paygroup is offered a hefty 174% premium.

    Similarly, same thing happened with Reckon. Prior Reckon announced the 100 million takeover deal of the accounting management unit, the market valued Reckon at less than 100 million.

    ASX is a joke! All the good companies are acquired by US and UK companies
    Last edited by komodo: 27/06/22
    NOV Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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