seems to be on the rise, page-3

zcb27,

Whilst I agree that the stock looks cheap, some of your statements are a bit optimistic.

Firstly, why would Comsec pay over $300m for IWL and switch to GBT? Secondly you mention the wealth management business having a number of famous funds using its service, you name BT and Westpac. These are the same company, so thats one. You name Perpetual who no longer use the GBT software, so I'm not convinced this was the best acquisition by GBT. I think the core business is solid and undervalued but their acquisition strategy has let them down badly to date.
I agree only time will tell with the acquisitions but if they do start to perform I think we'll see some major upward movement.