Ann: Active Customers & Funds Under Management - July 2019, page-20

Where will Raiz go from here.... hard to know:
For:
- continued strong customer growth
- continued app upgrades which could increase customer use and time ON the platform
- new markets being explored

Against:
- Competition is a huge risk which may have huge implications in the future... it has only just started with CBA's announcements
- Company still not making a profit and I wouldn't bet on it making a profit in the next year either... could be wrong here.
- even if it did make a profit... would the margin ever be big enough to make serious money.

Could be wrong on many of these... hard to judge fair value of the share at this point in time... happy to sit back and watch for the time being. Bought in at 46c... sold this morning at 98c... have to be happy with that.