Most of link reoccurring revenue are contract based that run for a number of years like super account management and there is nothing coming up soon for renewal (Retirement and super), there are many clients and they all up for contract re-negotiation at different time.
Corporate market it all capital market and stock market related stuff, the shares registry is pretty sticky, you get some client churns here and there all the time between three players CPU, Links, Boardroom etc... down market expect less IPO and Corporate action
The way I see it to summary thing up
Retirement and Super Solutions (32% Revenue) - Steady, maybe some work left on the super account reform Corporate market (23%) - Probably down due to current market condition Fund Solutions (11%) - Probably down due to current market condition Banking and Credit Management (10%) - Growing Technology and Operations (24%) - Steady or growing
External PEXA - Growing they achieved an amazing half and not everything is in PEXA yet, more things are move online to PEXA every month and more Conveyancing firm are joining the PEXA network each month that mean increase volume every month.
Sit back and relax and ride out the storm, 10 years from now you look back and amaze how LNK can trades at today price
LNK Price at posting:
$3.28 Sentiment: Buy Disclosure: Held
