Oh thanks Vincenski, I had to go type their name in to find their broker call.
Here are their notes if anyone is interested:
FY21 EBITDA was below Ord Minnett's estimates as costs were higher than expected. Marketing expenses equated to 1.2% of transaction value and employee expenses were 1.7%.Ord Minnett expects similar percentages in FY22. Bad debts are also expected to remain at similar levels. The broker continues to be impressed by QuadPay, believing this will lead the way in the sector. Accumulate rating retained. Target is reduced to $9.50from $10.50.
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27 | 442828 | 2.300 |
7 | 146868 | 2.290 |
7 | 225260 | 2.280 |
6 | 116119 | 2.270 |
Price($) | Vol. | No. |
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2.330 | 750 | 1 |
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