Search

$8m paper deal for ComputerCORP

HIGH profile accountant Domenic Martino has emerged at the helm of a mystery buyer for Perth-based IT services company ComputerCORP Pty Ltd in a deal worth more than $8 million on paper. Mr Martino is to chair West Perth-based ComputerCORP in a plan to backdoor list through an ASX shell company Etick Ltd, which will change its name as part of a deal, which offers the national IT player’s vendors $4.9 million in cash, 14 million Etick shares issued at 25 cents each and 2 million options exercisable at 20 cents each. ComputerCORP is majority owned by Hugh Smith with 60 per cent, with co-owners Rod Durston holding 30 per cent and Michael Rickers holding 10 per cent. Perth lawyer Kevin Dundo and investment banker Paul Page, who is already a director of Elink, will join Mr Martino on the ComputerCORP board.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Add your comment

BNIQ sponsored byECU School of Business and Law

Students

6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
47 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer