Profitability, page-6

Worth noting that while ASX trading volumes are up decently this year, international trading will probably be much better in percentage terms. Since the start of the year, US big tech has been going gangbusters and there's been a lot of Aussie interest in owning stocks like Microsoft or Nvidia.

I expect a decent amount of local investors' cash flowing into US markets since the start of the year, and Selfwealth surely has to capture a material chunk of that, being an established player in the retail investor's market.

In the near term, the share price might flounder due to the on market share buyback being halted, due to being in a blackout trading period I think. However I really think the results next month won't be as terrible as many are expecting.