Thanks
@micknleigh.
Fund stapling is putting pressure on the industry and
IP1 are there to solve it with the their SaaS/PaaS offerings and patented transactions technology. This service alone is reason for an increase in share price with all the admin saved from
IP1's technology, IMO. After all
IP1 would be servicing well over
2.5 million employees now as a merged entity. IMO, I think the share price reduction will be short lived!
https://www.canstar.com.au/superannuation/super-changes-2021/
https://www.investmentmagazine.com....sure-on-small-to-medium-sized-industry-funds/
I find the trading extremely strange over the last few weeks and I have my suspicions of why the share price is eroding. The thing is...... what will happen when sellers are done? Keep in mind there have been plenty of buyers taking shares around the 2.7c - 2.9c range. Will todays trading correct itself Monday returning to the higher range mentioned or will the share price erode further?
I guess we just need to wait and see what eventuates!
Cheers,
Jocko.
