RZI 2.74% 37.5¢ raiz invest limited

Aus increase fee is taking a huge chunk out of growth....

  1. 59 Posts.
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    Aus increase fee is taking a huge chunk out of growth.

    Management can try spinning 180 but look at the facts, for our dominant market. Aus active customer additions for 2021:

    Jan 21: 13,677 (Great!)
    Feb 21: 12,235 (Woohoo!)
    Announce fee increase
    Mar 21: 582 (Wtf)

    AND that's not even with the increase in Aus fees kicking in yet in April.

    Management better be proactive and offset/market better features of the platform... otherwise goodbye Aussie growth.
 
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