Certainly doesnt hurt IAM, possible the automated SOA portion gets used to dress up margins for sale. That is, by a long way, the most crucial part of the tech and business model. Planners will take or leave the rest. They need to get it released before someone else does.
The problem is, the banks selling their wealth businesses are selling the product FUM, thats what really holds the value. The ongoing income generally used to calculate business valuations is at threat by legislation, especially grandfathered income streams.
The bank financial planning has always been a loss-leader to flog in-house product. The value in their business sales isn't in the financial planning operations.
Market for Intiger Services?, page-2
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $11.35M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $1.471K | 73.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 471682 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 578868 | 2 |
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| Last trade - 11.42am 04/07/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |