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Iress Ltd IRE


Primary Symbol: IRSMF

Technology Software - Application
Iress Limited is a technology company providing software to the financial services industry. Its segments include APAC, UK & Europe, Mortgages, South Africa, and North America. APAC consists of the Trading and Market Data business, which provides market data, trading, compliance, order management, portfolio systems and related tools to financial markets participants in Australia, New Zealand and Asia; Financial Advice business, which provides financial planning systems and related tools to wealth management professionals located in Australia and New Zealand, and Superannuation business which provides fund administration software and related tools to the superannuation industry. The Mortgages segment operates in the United Kingdom to provide mortgage origination software and associated consulting services to banks. South Africa provides information, trading, compliance, order management, portfolio systems and related tools to financial markets participants.


OTCPK:IRSMF - Post by User

Iress Ltd
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Post by nonoleton Jul 17, 2011 4:23am
533 Views
Post# 18839808

great short?

great short?there is a rights issue under way, which will result in 19,077,889,332 new shares!
Currently there are 5,299,413,620 in issue.
Issue price is € .10. 
One ADR equal 4 shares. 
US$ 1,24 equals a € ..22 per share
nice premium!
or do I miss something here?
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Dealroom for high-potential pre-IPO opportunities