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Simon Trevisan is a director of Regalpoint.

Brady plans AssetOwl listing

Perth business executive Tim Brady is planning to list his new software business AssetOwl on the ASX through a $6 million reverse takeover of Regalpoint Resources.

Regalpoint told the ASX today it has executed a binding term sheet to buy AssetOwl, which has developed cloud-based software designed to help retailers manage their assets.

Mr Brady, who lives in Perth but commutes to Melbourne for work, started working on AssetOwl in early 2014 and became full-time managing director in September last year.

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Comments

VIC
Yes along with Credo going into Administration over 500 employees were advised they were not paid Superannuation for 2 years and that it would be liquidated along with the company. .

Perth
I was one of those 500+ employees of credo group and did not get paid any super for my time with credo. I worked hard and trusted that the company I worked for really valued us and was doing the right thing by paying our super (which was stated on every payslip) but no. Thanks for nothing.

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23/12/16
$32k Bought
23/12/16
$0 Issued
23/12/16
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

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