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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

Abaxx Technologies Inc. is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions secure. The Company is primarily focused on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition.


NEO:ABXX - Post by User

Bullboard Posts
Post by ValueHunter92on Jul 27, 2016 12:58pm
152 Views
Post# 25088993

Value and forecast

Value and forecast

I don't undestand the previous guys comment, they have 15-20 millions asset, and with this deal, they have a 6% participation in a project that will generate 100-150$ millions in net profit yearly,

6% of it, is 6-9 millions net cash + side revenus that will come from this operations

They will get a total of 10-15 millions per year in net profit from this

According to industry peers, this will worth 70-90 millions easily short term
 

Regards

Bullboard Posts