Very limited upside. AMP will be the predominate player in the SMSF space. They will be taking all their funds away from class plus any future growth.
There existing 15,000 funds will be going into Supermate which they recently got 100% ownership of.
The only potential value in this stock is if they build a competitive offering to ShareSight/wraps admin platforms and attack it from that front (Non SMSF market).
If you're buying this on the SMSF story I wouldn't...
CL1 Price at posting:
$1.83 Sentiment: None Disclosure: Not Held