Why do you think the dividend is being significantly cut in the next half? Their dividend policy has been very stable and it is unlikely to be changed unless something significant happened, isn't it?
They have very solid revenue base as the market leader of the SMSF platformer. The only thing is that this is a niche market and that's why cross selling + the product expansion like Class Trust are critical to them isn't it? If they were the player in the main stream market, they would have already become like Xero.
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