$RDY ReadyTech whilst diverse, is practically the last listed HR/Payroll tech company on the ASX after buyouts of ELMO, Pay Group, Intelli etc
HR Tech is so hot right now with acquisitions left right and centre (not just listed)
An offer of $4.50/share for RDY fell through recently, now trading more than 30% off that... Consistent 30%+ growth company makes it attractive to PE and players like TAG
Yes ReadyTech is another interesting one, although a little more mature with some life in the bottom line. The recent bid makes the whole story there more interesting there too. I think the PE action will continue for a while to come.
Good article!
$RDY ReadyTech whilst diverse, is practically the last listed HR/Payroll tech company on the ASX after buyouts of ELMO, Pay Group, Intelli etc
HR Tech is so hot right now with acquisitions left right and centre (not just listed)
An offer of $4.50/share for RDY fell through recently, now trading more than 30% off that... Consistent 30%+ growth company makes it attractive to PE and players like TAG
Thanks mate!
Yes ReadyTech is another interesting one, although a little more mature with some life in the bottom line. The recent bid makes the whole story there more interesting there too. I think the PE action will continue for a while to come.