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Investment Q&A

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Q: I could only find a limited number of questions on this company so my apologies if this question has been asked.

The catalyst to move the price of this company appears to be its obtaining a bank license. Assuming that license is awarded, what kind of impact do you expect it to have on the share value? I know you don't engange in target pricing but is this an absolute game changer for the company and one that you would expect to have a significant impact on share price or should we view it more as another building block for the firm where the impact on valuation will be more muted?

Appreciate your insight.

Paul F.
Read Answer Asked by Paul on May 24, 2016
Q: CXI is pretty quiet these days. Have they ever given any indication regarding the status of their bank application? Have they indicated any type of time frame for such a process? Is a change in government typically an obstruction to these types of applications? I never viewed it as a politically sensitive issue.
Thanks for your valued advice
Clarence
Read Answer Asked by Clarence on May 24, 2016