They just did one.....
What happens if they land the REST super fund members on our Wrkr Platform, not only for Clearing House purposes but for a whole boatload of other service "moments" and "engagements" that Trent has outlined previously in other announcements.
Those Clearing House, Member moments and engagements services can be charged accordingly and supplied at scale across the entire Link Group client base?
I remember charges of 80c - $60.
I couldn't see charges averaging out for anything less than $2 now, IMO.
Wrkr's Platform facilitating services for 5 million members/workers would give WRK a minimum and a very rough "back of the envelope calculation" of annual revenue around $10 million without most compliance moments added in, IMO.
I believe the recent announcement below suggests Wrkr is on the cusp of realising the stages highlighted (below in the screenshot) with just a "handful" of Link Group's Super Fund Clients.
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
![]()
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
The whole exercise I'm seeing here is to supply Wrkr's technology to the entire Link Group RSS clients not just Link Group's... SCH Online clients.
Our Wrkr Platform Technology "simply" (but obviously not simply integrated) replaces SCH Online platform technology and it's more than likely that it won't even be apparent to most, that the Wrkr Platform is the underlying technology or Link Group may just choose for the Wrkr brand. I'm sure there are implications due to the AFSL. Does that make sense?
I imagine SCH Online will also "simply" notify their clients of a series of "UPGRADES" to their Clearing House services, when in fact they are moving them onto the Wrkr One Platform that can supply more than just clearing house services.... when requested.
When other funds, such as Australian Super and as an example, can witness and explore competitive pricing, the greater benefits and value passed down to members live from Wrkr technology being used "in-house" from other Link Group clients, they may be ready to opt in to the SCH Online platform that's not a complete "foreign entity" as they will know Link Group is the mother company who they are completely familiar with and trust their administration to.
The REST SUPER FUND uses Link Group's clearing house SCH Online.
![]()
![]()
https://www.linkgroup.com/companies.html
Link Group clients (below) Clearing house services managed through one of Link Group's subsidiaries, SCH Online (Super Clearing House Online).
![]()
https://www.sch-online.com.au/company/?page=clients
If everything is still on track between Wrkr and Link Group, I believe we will see a rerate in WRK share price that will be sustained by a proven increase in annual revenue. I also do believe that quite a lot of information will stay under wraps until management are completely satisfied with all dealings and offers between all parties concerned which also includes the super funds.
All of the above writings are just my opinion and pieced together from researching announcements and researching publicly accessible information hosted on the internet.
Hope this helps @Coupe64.
ITATWTWT......
AIMO - DYOR - GLTAHs
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