Sign up Australia
Proactive Investors - Run By Investors For Investors

Fe Limited appoints Paul Carroll as managing director

Fe Limited appoints Paul Carroll as managing director

Fe Limited (ASX:FEL) has now appointed Paul Carroll as managing director, replacing Mark Gwynne who will retire from his executive role but remain a non-executive director, at completion of the Cardinal House acquisition.

FEL has previously has signed a binding conditional agreement to acquire 100% of Cardinal House.

The partnership allows Cardinal House to gain access to a worldwide fully integrated interactive gaming management system, comprising of (but not limited to) bingo, licensed online gaming and specifically Gameworkz-originated content and technologies, accessible from multi-level devices such as mobile/hand held devices, specialist set top boxes, PCs, specialist gaming consoles, MacBook, iMac and MacBook Pro.

It is proposed that Gameworkz will operate as Cardinal House’s specialist bingo service provider.

Under the agreement, Gameworkz will provide Cardinal House with services that include full site management and business development, operations management, chat teams and chat management, customer support and data analytic support management, cash-out services, local and international marketing and full player acquisition and retention services.

Tony Sage, chairman for FEL, recently commented:

“Gameworkz is recognised as one of the industry’s leading interactive bingo service providers and has won multiple industry awards. It’s great news for FEL and the shareholders that we have partnered with such an experienced service provider.”


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

View full FEL profile View Profile

Fe Limited Timeline

Related Articles

drill rig at site
April 10 2018
The company's shares are trading about 8% higher intra-day, at 1.4 cents.
February 21 2018
Galileo's Star zinc project in Zambia is showing plenty of promise
underground mine
April 26 2018
Orion is moving steadily towards a production decision at the Prieska mine in South Africa

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use