OFX 0.91% $2.21 ofx group limited

OFX-my thoughts, page-29

  1. 97 Posts.
    Any ideas to explain the ongoing slide in OFX's SP?

    The company I normally use to transfer Aud to IDR has been forced to close by our competition hating nanny state. They were a small operation who gave better rates than OFX and XE. Now they are gone and I assume other small players have also been forcibly closed I would have thought OFX would be a beneficiary as they are more competitive than the banks.
 
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