CIW clime investment management ltd
Add to My Watchlist 1.32% ! 37.5¢

Ann: Acquisition of MTIS Wealth Management, page-3

  1. Oftea
    22 Posts.
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    20/05/22
    14:00
    Post #: 61525657
    So now CIW owns a small accounting/advice firm with $3M in revenue and paid $7M for it? They could buy mid-tier licensee businesses with 100+ advisers and bolt into Madison for not much more than they paid for this small accounting firm with own AFSL and 4 advisers, eg Synchron sale to WT Financial. How is this part of the strategy? Went into a trading halt, to then read about the deal in the AFR night before the ASX announcement was made.How do they compete with others in this space?
    CIW Price at posting: 58.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
37.5¢ 		Change
-0.005(1.32%) 		Mkt cap ! $28.92M
Open High Low Value Volume
37.5¢ 37.5¢ 37.5¢ $563 1.5K

Buyers (Bids)

No. Vol. Price($)
1 25000 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 3075 1
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Last trade - 09.59am 29/07/2025 (20 minute delay) ?
CIW (ASX) Chart
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