CL1 1.23% $1.60 class limited

Class being outclassed by BGL?, page-3

  1. 89 Posts.
    lightbulb Created with Sketch. 33
    The results reported by Class through to 31st Dec was very good. So too was the March update, bar the loss of AMP. The star of BGL may be rising but IMHO, it is not causing any problem for Class. The Class real time software looks like a class in itself going by the continued increase in the number of its customers and from what I heard from current users.
    From my own reeearch, I believe the ATO has legislated quarterly reporting from 1 July for all SMSF members who start or cease a pension. If you don't use real time software like Class this reporting is almost impossible, the days of looking at a SMSF once a year to do the accounts/tax return is slowly ending. The future of Class in the short to medium term is indeed very promising. It should not be difficult to imagine a replacement to AMP will come, perhaps not immediately, but maybe soon. Again, this is my own opinion, as is prudent, please DYOR.
    Last edited by Dand16: 11/04/18
 
watchlist Created with Sketch. Add CL1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.