Vix Technology Pty Ltd is not owned by Mark Pallister.
VIX Technology Pty Ltd is owned by Duncan Saville
"Duncan Saville: a UK-born Australian citizen who runs a funds management and corporate raiding business valued at more than $500 million from his Vaucluse mansion. Is the largest shareholder in ERG and controls HRL Morrison, the manager of infrastructure investor Infratil."
Do your research.
"Vix Technology, a company associated with major. ERG shareholder Duncan Saville and Ingot Equities,. will acquire ERG's ongoing global business operations "
WHY is Duncan Saville buying into Vix Quiktrak P/L and providing loans to Quiktrak Networks Limited for the South African Operation.
Doesn't look like its going down the tubes to me boys.
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