Comments in this thread above indicate a big misunderstanding of...

Comments in this thread above indicate a big misunderstanding of LINK and it's business. Computershare has far more exposure to individual shareholder accounts. Link has far more exposure to individual Industry Super a Fund accounts. Link is very very big in Super. CPU is very very big in share registry (bigger as a percentage of its revenue than Link). Legislation and regulations are fast approaching to give very Australian one default super account. half of the population is belligerent with their super. Link has been creaming gravy off these investors with multiple accounts. I've looked at this stock several times and even could have participated in the IPO. at the time I decided to not proceed as I was worried about this company's client numbers shrinking. even after today's price fall, it is NOT CHEAP. it's PE multiple remains at levels too high for company that has shown no growth in EPS in the last year and still has massive headwinds with client number reductions about to occur. for me, this is a don't touch investment.