Jocko, Since the merger of IP1 and exPWC platform we know (from valuation doc) that a business opportunity could emerge for Wrkr from WBC divesting its Clearing House function.The divestment didn't happen as I don't think WBC had anything of value to sell. They haven't invested/upgraded their clearing house to dovetail in with the new regulatory environment.
WBC will see natural attrition to competitor Clearing Houses like Wrkr who have done the hard yards building their technology stack. The Wrkr deal with Link could speed this up if the Link customers using WBC clearing house are migrated away!!
As for Super Choice they are a serious competitor for Wrkr but I think Wrkr have the drop on them in many areas, particularly the stapling product.
We will know in 6 months who's who in the Clearing House market share battle...I'm prepared to bet that Wrkr will be ahead at the post!!
Jocko, Since the merger of IP1 and exPWC platform we know (from...
Add WRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1732377 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 4570 | 1 |
View Market Depth
| Last trade - 16.12pm 08/05/2024 (20 minute delay) ? |
| WRK (ASX) Chart |
Day chart unavailable