This might be worth a watch as a growing disruptive business. Apparently taking fx business off the banks and plenty of share to win in Australia let alone using the same platform offshore? No debt, stocksinvalue says financially healthy High ROE, but trading at high multiple of its book value stocksinvalue values OFX at $2.00 based on latest results but is not chancing an fy15 value OzForex website Non trending Chart (weekly) Disclosure: not held Sentiment: interested to watch for opportunity
Sold mine for about 15% less than I bought it maybe 2 months ago. It went a fair bit lower but is now about where I bought it at. Would buy in again at $2
So this one is becoming problematical and more speculative on the news that Westpac withdrew from partnership. This news caused Motley Fool Share Advisor to downgrade to sell from hold yesterday Position: none Sentiment: not buying, watching [imgz=http://forums.silverstackers.com/uploads/1893_ofx_dly_jan_22.gif][/imgz]
