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$1.13 cashrewards limited

Ann: Cashrewards H1FY21 Announcement, page-46

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akumaslair

172 Posts.

15/03/21

15:03

Post #: 51776118
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Originally posted by KoiPanda: ↑

Real disappointing with the share price action.

but let's not forget that in December IPO, it was stated that there might be talks with ANZ but no plans yet.

The h1 report on the other hand, now started that they are in discussion with ANZ. A big difference there.

i also think CRW needs to stop doing big cash on acquiring new customers. There's no point seeing the numbers.

instead, they should focus on leveraging their platform to the banking sector. MoneyMe was the first step which is a beta move imo.

ANZ is where the real action is. Once they get that started, it should easily draw more partnerships.

Focus on partnerships, cut cost to directly acquiring customers, and we might actually see profit.

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Other than financial backing and reputation,

what is the advantage of cashrewards going into the banking sector?

eg open a anz savings account and get $30 cashback

CRW Price at posting: $1.36 Sentiment: None Disclosure: Not Held
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0 Great analysis

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