Your so called peasants might have some sense at this point in the cycle as the company operates at relatively high p/e when looking at the business as a provider of administration and compliance services. The reimagine strategy appears sensible but is high risk for investors as it chases much higher revenue growth for each line of business. Whilst revenue has grown for a number of years, net profit has not grown at the same pace and dividend payout amount has remained similar at each half. there is nothing wrong with labelling it as a technology company and they has been around before the term fintech emerged as a popular phrase. however, it's important for investors to understand what the tech actually does and who values it (I.e. who are the customers). would like to see the SP decline more before I would dip my toe in. IMO
CL1 Price at posting:
$1.50 Sentiment: None Disclosure: Not Held