Thank you for the comments above.
I have topped up my position as I truly believe in the potential of the PropTech Group. Joe Hanna and the team have done a very good job at listing the company back in November and then growing it from there. The acquisition of Eagle now means that ~40 per cent of all Australian / New Zealand real estate agents use at least one of the PropTech Group's CRM (think office management) systems.
I strongly believe that the PropTech Group can leverage this relationship and upsell our customers to other products and services including property management software, web design, advertising management tools and now finance products with the launch of PropPay.
I learned from my days at the REA Group that if you focus on the customer (agent), provide a strong range of products, and great customer service, the share price will look after itself.
From my perspective, the fundamentals are in place and the PropTech Group has a strong team. It is now a matter of execution.
Thanks
Simon Baker
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Thank you for the comments above.I have topped up my position as...
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