I just thought I would back up what I was saying with some stats. Here are the last 5 years numbers in USD constant currency conversion of OFX corporate business (their stated focus) vs their direct competitors.
Their growth is anaemic. If you remove the Firma acquired revenue their CAGR over this period is 1%. All this whilst their competitors all grow organically and profitably high double digits (Payoneer off a much bigger number)
The board need to find a leader who can capture market share.
I just thought I would back up what I was saying with some...
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Last
$1.37 |
Change
-0.045(3.19%) |
Mkt cap ! $327.5M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.41 | $1.36 | $661.6K | 481.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 440 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 5519 | 2 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| OFX (ASX) Chart |