Pexa Group Acknowledges Update Provided by Ipart on Electronic Lodgment Network Operator Methodology Paper; Shares Down 3%

MT Newswires Live

04/02

Pexa Group (ASX:PXA) acknowledged the update provided by the Independent Pricing and Regulatory Tribunal of New South Wales (Ipart) providing an example showing how a building block model operates under different hypothetical asset bases, according to a Thursday Australian bourse filing.

Ipart released a methodology paper outlining its preferred approach for establishing an initial asset base for an Electronic Lodgment Network Operator (Elno) on Tuesday.

Pexa Group's shares fell nearly 3% in recent trading on Thursday.

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