It's CMC to be worried about, not just Stake.
CMC are now #2 broker in Aus behind Commsec, and they have a highly profitable UK head office behind them that they can use to fund being a loss-leader here to continue to take market share if they want.
Their platform is also way more mature and feature-rich vs. both Stake and SWF, and is for "serious" and higher net worth investors as well as cheapies.
Ann: ASX Announcement - response to media speculation, page-22
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $27.86M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $23.36K | 198.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 109805 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 142016 | 2 |
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| Last trade - 11.10am 15/07/2024 (20 minute delay) ? |
| SWF (ASX) Chart |