The concern with SelfWealth is since they've been led by Cath Whitaker they raised $ 12m spent $6 and delivered no substantial platform updates , share price has halved .
Still no crypto , and what value has Hong Kong trading done for the bottom line . Not a great scorecard . $175k bonus for those results.The board have a lot to answer for. They seem directionless earning NIM off customer monies isn't a sound strategy , especially if they're not passing the interest on to customers . surely savvy punters will move cash off platform to gain interest else where . Stake and Pearler are doing it better it’s only a matter of time before they start taking a big bite out SelfWealths customers base. This business is a bit like a dog with fleas.
SWF Price at posting:
21.0¢ Sentiment: Sell Disclosure: Held
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