Yes Norvest.... 5 million workers and $5 million revenue on the WRK Platform is definitely a solid baseline to build on!
Trent and the WRK team could go on from there to define the market!
I recall a company mentioned in the MST report noted as a competitor and another banking competitor looking to exit the Payments Business (clearing house) and one of them was taking care of administrative services for some 8 million Australian members of Superannuation Funds.
I'm just toying with possibilities here as to what WRK could potentially offer a larger player when both would not be competing? Wishful thinking!
One of those competitors mentioned is in the final stages of a takeover with a large Canadian corporation....... interestingly enough!
So at this stage, no news is still good news, but geeze Trent.... you're cutting it fine!
Jocko
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