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14.0¢ selfwealth limited

BW Equities Valuation, page-16

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Little T

2,337 Posts.

2028

24/02/21

14:08

Post #: 51285219
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Originally posted by danbradster: ↑

Possibly. With larger scale, it certainly makes more sense to weigh up the option. But right now they're growing so fast, that growth is the main priority (and keeping it all going smoothly). If they were larger, and the growth was slower/under control, then they could have more management focus to initiate a new project like clearing.

OM is becoming successful, in large part due to Selfwealth. But OM is also a diversified and complicated business.

Selfwealth doing clearing in-house would likely lower their brokerage costs by another $1-2, but with additional fixed expenses (legal/IT) and complication. Like you might expect them to run afoul of ASIC, as OM did when they were new. So they could run into some challenges along that path. Staying with OM would likely be smoother, but less cost-efficient.

OM has tried to complete with SWF, with their OpenTrader etc. So SWF could compete with OM if needed. They do have other companies willing to clear for them for good value, if needed.

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Dan .I think the retail selling has just about finished ,the insto buying cannot be far away !!!!

SWF Price at posting: 61.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.0¢		Change 0.000(0.00%)		Mkt cap ! $32.51M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	111634	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	183491	6

View Market Depth

No.	Vol.	Price($)
2	111634	0.130
4	123942	0.125
3	56000	0.120
1	3000	0.115
4	83000	0.105

Price($)	Vol.	No.
0.140	183491	6
0.145	238620	8
0.150	448275	4
0.155	359503	3
0.160	11200	2

Last trade - 10.55am 22/08/2024 (20 minute delay)

SWF (ASX) Chart

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