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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched 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. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. 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. The Abaxx Verifier is a secure password, identity and verification application.


NEO:ABXX - Post by User

Bullboard Posts
Comment by boredhousewifeon Jan 20, 2012 10:37am
383 Views
Post# 19426554

RE: My 2 cents

RE: My 2 cents

La Ritchie is up for grabs TATA or not if TATA wanted it they would it made it part of the deal with Le Keg and Le Mag. Not saying they may not offer up but I think NML had other plans for La Ritchie and their other assets in which TATA has no say in.  WISCO by off chance can offer for it if they are trying to eat up Labador Trough. LIM may JV with NML which would not be so bad either makes a JV with these two a huge player with the tonnage from both companies and the fact they share railway already. Many juniors are a good pick off targets for JV and M/A no doubt with the government focusing big bucks in the industry and the area itself. Cliff Natural I feel still not done yet and Aceremetal can still be looking for others to add to their portfolio as well as the other big players like the 3 big boys of Rio, BHP or Vale even TCK resources. I will not be surprised to see a little more M/A for iron ore the prices and tonnage is too good to pass up otherwise when iron ore picks up again would make these juniors more expensive to grab for take outs. Most of them do not want to give up the properties of the iron ore assets instead they take on stakes from major players because the iron ore is good and they know it is worth a pretty penny. NML smart then they would not let TATA in on the other properties but their competition like the Japanese or Chinese take stakes instead. Iron ore would be better placed to be sold to the Chinese over the Europeans since it is the Chinese that consume the most of it and the Eurozone not doing as well right now. I prefer to see NML to joint stake with the Asians would be better since TATA already deals with the Europeans operations. TATA not stupid either though they can and will sell their stake if the price is right even if it meant the Chinese bid for it.JMHO

Bullboard Posts