Definitely a possibility that Kyckr is the acquirer here - they did indicate potential acquisitions in their last 4C. If we are able to acquire another business at fire sale price (given the current market) and accordingly grow EPS, then I'm onboard. We can't forget that Kyckr's management team originate from Class Super - a business that went from 0 to $300mn in less than 10 years.
Of course, it's also a strong possibility that we've received an offer. RW, Moody's, Thomson Reuters all potential candidates to make an offer.
Finally, we could see a merger at play with an equally sized player like Simple KYC.
Excited to see what comes about!
KYK Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
