Wow, those numbers are horrendous. This business is worse than I thought. They aren't even growing despite their ad spend.
Looks to me that they will never be cash-flow positive. Lucky the founders got their payday on IPO.
With over 1000 stocks on the ASX, holders really need to ask themselves if this is the even close to the right place to be invested.
IPO - Raiz Invest Limited, page-88
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Last
38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $36.27M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.5¢ | 37.0¢ | $21.84K | 58.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45522 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 13157 | 1 |
View Market Depth
| Last trade - 15.27pm 09/07/2024 (20 minute delay) ? |
| RZI (ASX) Chart |