Q: TMX Group seems to enjoy the monopoly in Canada. Do you like the Co. for Income and Growth ?
Does the Co benefit from volatility in markets ?
How is the current valuation and is it a decent entry level ?
What are street estimates ?
Thank you
Does the Co benefit from volatility in markets ?
How is the current valuation and is it a decent entry level ?
What are street estimates ?
Thank you
5i Research Answer:
We like it quite a lot, and yes it does have a quasi-monopoly. There are competing exchanges,...