Got in at $5.55 yesterday as I see a good opportunity in the medium term. I think the regulatory risk is not likely to be material and the Co has some solid clients and a spread of risk. Morgans Stanley has a PT of $8.20 and OW on Linkand had this in a report on the Wealth industry and superannuation on 13/6/2019.
"Following the RoyalCommission into Banking, there is a possibility that trustees willrevisit fund administration capabilities and if they are in members'best interests. We think LNK investors likely have a "free option" onretail outsourcing as retail players reevaluate how value is capturedacross the value chain and where they want to compete."
LNK Price at posting:
$5.38 Sentiment: Buy Disclosure: Held