Yes, but they are operating in a highly competitive market place and have hit saturation more or less with no real growth for a while in active user numbers in Australia. So they are really hamstrung, they can only increase their prices to try and make a small profit and there is only so many times they can do that before someone moves to a simply ETF or other product.
Their only way out, improve the brand, build some partnerships, change the view that they are only a micro investing platform. There's little to no money in this.
Ann: Raiz Achieves Stability Driving a Strong Outlook, page-3
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38.0¢ |
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Mkt cap ! $36.27M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 16288 | 37.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 10000 | 1 |
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