OFX 1.87% $2.18 ofx group limited

You're correct as to the capital intensity of the business, it...

  1. 536 Posts.
    You're correct as to the capital intensity of the business, it is very low with a return on equity of c50% but you are paying about 14x book value also.

    You have to be very bullish on their execution to own this thing IMO
 
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