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DomaCom Ltd CEO talks growth in funds under management and looks ahead to new product launches

Published: 17:53 29 May 2020 AEST

DomaCom Australia Ltd’s (ASX:DCL) Arthur Naoumidis caught up with Proactive's Andrew Scott after reporting Funds Under Management (FUD) has grown by 10.4% since the start of the current quarter to $70.9 million.

He says a new product they're launching now which is interesting investors and they've got their first transactions coming up is called 'Rent To Own' where tenants pay their rent as normal and get gifted equity in the apartment their renting.

Naoumidis says one reason that's attractive to investors is because it's attractive to tenants and as a result he expects the vacancy risk to be low.

OzAurum to start drilling at Boca Rica Lithium Project

OzAurum Resources Ltd (ASX:OZM) CEO and managing director Andrew Pumphrey sits down with Proactive’s Jonathan Jackson to discuss an upcoming drilling program at Boca Rica Lithium Project in Brazil, following the identification of a spodumene zone. The company plans to start drilling in the next...

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