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DomaCom proposes $2 million private placement on path to ASX reinstatement The private placement to sophisticated and wholesale investors aims to raise up to $1,998,503 before costs through the issue of up to 30,506,852 ordinary shares at $0.06551 per share. “We look forward to resuming our normal business operations to deliver on some of our exciting innovations,” says CEO. DomaCom Ltd (ASX:DCL) proposes to undertake a private placement to sophisticated and wholesale investors aimed at raising almost $2 million before costs as it moves towards reinstatement of its shares on the ASX. The company, which owns and operates a fractional investment platform, will issue up to 30,506,852 ordinary shares at a price of $0.06551 per share. ....
DomaCom s AustAgri Group transaction progressing with outcome expected over next few weeks AustAgri is in the final stages of the settling of the Cedar Meat acquisition, which forms the first part of the AustAgri paddock to plate roll-up. In the March quarter, corporate funds under management increased to A$76.7 million. DomaCom Ltd (ASX:DCL) sub-fund’s acquisition of AustAgri Group Ltd (AAGL) is progressing with an outcome expected over the next few weeks. AustAgri is in the final stages of settling the Cedar Meat acquisition, which forms the first part of the AustAgri paddock to plate roll-up. DomaCom, a fractional investment platform provider, is also finalising the amendments to the DomaCom Fund to support the Equity Mortgage product. ....
How to invest in residential property - without buying a house With property prices rising again, some investors are seeking a slice of residential real estate via new-age crowdfunding and investment funds. Financial planners say fractional property has some merits. Simon Letch Share A t the height of Australia’s coronavirus panic in March and April last year, few serious analysts of the housing market expected prices to be where they are today. In fact, many predicted house prices would fall by as much as a third, plunging the nation into a property downturn amid the escalating public health crisis. ....
Proptech poised for post-pandemic boom Institutional investors are pouring billions into exclusive real estate technology funds. These small cap stocks offer retail investors a taste. Investor appetite for proptech has increased in Australia. Nelson Alexander Share In its first year of doing business, the RealTech Ventures Fund achieved an internal rate of return of 72 per cent, well above the 25 per cent promised in its sales pitch to investors. Backed by some of the world’s real estate investment titans – including CBRE, Dexus and PGIM – it has now opened to select wealthy individuals and family offices that are eager for exposure to emerging technology innovations linked to Asia-Pacific property markets, commonly colloquialised as “proptech” or “realtech”. ....
DomaCom Ltd founder and CEO highlights key products and services to investors during Proactive Revenue Webinar proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.