SWF 3.85% 13.5¢ selfwealth limited

Ann: AGM FY20 presentation, page-22

  1. YY8
    269 Posts.
    lightbulb Created with Sketch. 23
    "Any body can offer low brokerage to compete.
    The main one being Fin Clear or Open Markets who both have a moat as they are the broker and can easily price self wealth out of the market i they wanted to."

    So why haven't anyone done so to compete till date? SWF has been there for ages , no one even attempted to compete the $9.50 brokeage.
 
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