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I actually reckon cl1 would be a good acquisition target for...

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MadDog12

1,418 Posts.

364

20/08/21

06:53

Post #: 55431126
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Originally posted by Thankyou1122: ↑

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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I actually reckon cl1 would be a good acquisition target for xro. There would be a lot of synergies. If this doesn’t happen then I would guess that xro will become cl1’s biggest competitor. Full disclosure, I own cl1 abd xro.

I’m not providing investment advice. Do your own research etc etc…

CL1 Price at posting: $1.81 Sentiment: Buy Disclosure: Held
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