My concern with this company was/is always future growth. For the years 2012-2017 - SMSF growth was high, what in turned, more work for accountants, and then they use Class. Win for Class. 2018 - SMSF growth dropped off, still a net increase, but not as high as prior years, would be interested to see 2019 figures. In summary, SMSF growth down, Class growths down.
Class themselves are talking about moving into new product areas, e.g Family Investment Trusts or Companies. This would/should leverage on current product, but it is different, unsure on expected take up, but this would/could be simple revenue at 'small cost', if it works etc.
(I have owned Class, purchased at IPO and left once I was happy - was going to re enter a 'low' level, but didn't happen - interested again with new product, but still unsure)
CL1 Price at posting:
$1.92 Sentiment: Hold Disclosure: Not Held
