An impressive South East Asian growth strategy being implemented here by RZI management.
The active accounts in both Indonesia and Malaysia are great news and have grown faster than my expectations after just a few months. Raiz entering Thailand pre June 21, and then likely Vietnam in H2 could continue to propel the share price higher imo. Just these countries represent half a billion people, or 20 x Australia.
Both the RZI partners in Malaysia and Indonesia are high- quality, and have contacts throughout Asia that could assist Raiz continue its growth path.
Nice clean & clear metrics continue to be reported by the company.
Its exposure to bitcoin is also attracting attention, especially to the younger generations.
Excluding a macro meltdown RZI share price should continue its impressive run, imo.
Ann: 1H21 Results Investor Presentation, page-28
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $36.27M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $1.296K | 3.467K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26834 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 35985 | 5 |
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| Last trade - 13.12pm 18/07/2024 (20 minute delay) ? |
| RZI (ASX) Chart |