I can see why the share price has come down. Growth company has growth largely stalled, lots of fears of a further crash/correction. what happens if there’s a massive correction? Will all newbie investors get spooked and withdraw funds from Raiz?
But I’m optimistic as I think the App is great for people with less than 50k and want a way to regularly invest funds from their pay check. Plus the rewards side of the business is very attractive, often get a 15% rebate for useful stores like the iconic.
my take is that when the market eventually recovers and indexes continue their upward trajectory - this bad boy will fly, but not until then
im bullish on a 7 year timeline, probs a sell if your only thinking about the next few months.
all in my opinion and do your own research
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Mkt cap ! $35.32M |
Open | High | Low | Value | Volume |
36.0¢ | 37.0¢ | 36.0¢ | $6.237K | 17.31K |
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No. | Vol. | Price($) |
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1 | 75531 | 36.0¢ |
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Price($) | Vol. | No. |
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37.0¢ | 32416 | 3 |
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No. | Vol. | Price($) |
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1 | 75531 | 0.360 |
4 | 34831 | 0.355 |
2 | 52850 | 0.350 |
1 | 20529 | 0.340 |
2 | 32350 | 0.335 |
Price($) | Vol. | No. |
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0.370 | 32416 | 3 |
0.380 | 10000 | 1 |
0.390 | 18533 | 5 |
0.400 | 67000 | 3 |
0.405 | 7500 | 1 |
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