I’ve been watching for a statement on the effectiveness of the deal with 7 network. Doesn’t look like it added anything to subscriber growth in Australia? Would be good if management acknowledged this for shareholder transparency.
Maybe it’s because many people don’t watch free to air TV anymore due to (like me) having Netflix, Prime, Binge & Disney+ at home. I must admit I never saw a single Raiz TV ad… I hope Raiz don’t do another deal with 7 for ads.
Cash at bank is solid and represents a bit under a quarter of the current market cap. I’m happy to hold this one, I like that management is active and trying hard with different things to grow. Overseas expansion yes, the 7 deal not so much. Even if the Aussie customer base stays the same, they are loyal and the inflows are solid. Good long term hold IMO but DYOR
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $48.83M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.0¢ | 45.5¢ | $11.97K | 26.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 812 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 9546 | 1 |
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| Last trade - 15.59pm 02/10/2024 (20 minute delay) ? |
| RZI (ASX) Chart |