another competitor for Selfwealth to contend with: this Australian broker is raising $40M & IPO'ing next month, & they're already profitable & offer access to +30 exchanges!
this is not good for SWF!
"Since inception four years ago, the Group has experienced rapid growth in both user numbers and revenues. Although relatively young, the business is profitable and are now seeking to scale internationally.
HALO intends to continue to invest in the development of its technology, which remains a source of competitive advantage and should enable HALO to extend its service offering and grow its market share. Following completion of the Offers, and listing on the ASX, HALO will have a strong balance sheet to execute on its growth initiatives."
SWF Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
