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Emerging Stocks Down Under 29 March 2022: OFX (ASX:OFX)
OFX: Better forex services at a better price
The foreign exchange (forex) industry may not be the most appealing, but it is an important one and OFX is a company that provides the service and does it well. Having listed on the ASX in 2013, it went through a tough few years but turned a corner when it hired the current management team and pivoted from B2C to B2B. It appears shareholders are finally recognising the quality of this business with its share price run recently, but we think there’s more growth to come – thanks to a recent Canadian acquisition.
Click here to read the previous edition of Emerging Stocks Down Under published 22 March 2022
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