Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

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.

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Abaxx Technologies Inc > ABAXX valuation relative to LME and CME group

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Post by DanGSstockson Dec 02, 2020 2:47pm

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Post# 32019502

ABAXX valuation relative to LME and CME group

What are your thoughts where we can see ABAXX trading considering that LME was bought for £1.4B in 2012 and CME Group Inc is being valued at USD$ 65B today (~18B in 2012)?

Currently at 0.315 implies valuation of ABAXX post RTO at ~CAD $237M

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