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PEXA Engages with ARNECC on Interoperability Developments

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PEXA Engages with ARNECC on Interoperability Developments

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PEXA Group Limited ( (AU:PXA) ) has issued an announcement.

PEXA Group Limited has acknowledged ARNECC’s recent statement regarding the next steps on interoperability following the Titles Queensland Review. PEXA plans to continue constructive engagement with regulators and stakeholders as per this outlined process. The company will maintain the value of its interoperability intangible software asset at $14.1 million as previously detailed, with future reviews of this valuation as necessary.

More about PEXA Group Limited

PEXA (Property Exchange Australia) is a leading digital property exchange and data insights company, listed on the Australian Stock Exchange. It has facilitated over 20 million property settlements since 2013, and processes 90% of all property transfer settlements in Australia. In 2022, PEXA expanded its services by launching a refinancing capability in the UK.

YTD Price Performance: -9.04%

Average Trading Volume: 248,125

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.11B

For detailed information about PXA stock, go to TipRanks’ Stock Analysis page.

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