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Barrenjoey revalued Rokt holdings up 28pc citing earnings surge

Barrenjoey revalued Rokt holdings up 28pc citing earnings surge

Barrenjoey is talking up the prospects of Rokt, an online shopping software provider that has become a perennial prospect for an ASX listing, telling investors who have backed its stake in the business that their shares have been revalued up almost 30 per cent since it first bought in.
Rokt was founded in 2012 and uses artificial intelligence to help companies selling products online optimise what they present to shoppers. It was last valued at $US3.5 billion ($5.3 billion) earlier this year when Barrenjoey, along with Square Peg Capital and Tiger Global Management acquired shares from some of the company's early staff and investors.
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Electric expectations as mining conference goes nuclear
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time8 minutes ago

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Electric expectations as mining conference goes nuclear

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