Agree - enjoying the additional parcels I picked up @1.28 (not enough unfortunately as volume thin), no brainer IMO.
Latest report was solid considering the head-winds during this period (TBAR lag, Election Uncertainty, Franking Credit threats, Labor rhetoric, Economy Slowdown).
I have been impressed with what I've read and seen from the new CEO thus far - fingers crossed this all bodes well for a very bright future for CL1, it has significant upside if they execute their plans well.
Class Super is a product that already commands significant market share and is held in very high esteem by its clients and users and is industry recognized for this accordingly. The trust market and other special reporting entities are poorly serviced by the incumbent solutions ?? (excel is used primarily alongside a GL) - Class Portfolio with additional extensions added can redefine and industrialize this whole space which would be a huge win for the everyone involved (the accountants/advisers, the end Clients, the regulator, and esp. Class).
The next 6 to 12 moths should be an exciting period if they get this right. In the meantime at these prices the dividend versus bank deposits is highly appealing.
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