Stocks like this are impacted by broader market volatility, as it can impact their ability to maintain and grow FUM. They also have exposure to foreign equities, so a bump in the AUD probably hasn't helped either.
In any event, the company has done exceptionally well in choppy waters and I have a very bright outlook on the stock. Consensus broker estimates seems to agree with me.
At current levels, it's a screaming buy.
As always, DYOR.
BTT Price at posting:
$9.45 Sentiment: Buy Disclosure: Held
