It is a great half 2 result when you are paying $1 per share, to make 5.1 cps for a half. A lot of it was net margin on client monies. Seems a forgotten inflation winner like CPU. So maybe we get 5.1c for half 1 next year? Or more with rates rising?
I have a Bell Direct Advantage sharetrading account with them - their newish platform has improved a lot over the last six months, sorting out many teething issues, and their personal service levels are hard to beat. Not saying it is perfect. So they may win more clients over I suspect. And they sell placements etc to me now that I am on their books. They may get more of that business from others.
Austrac might be satisfied as well. No news is hopefully good news.
I bought some today. See what happens.
BFG Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
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