Ann: Notification of buy-back - SWF, page-15

His question was whether HNW investors would trust their investment wealth with an offshore company that is ultimately under the control of a foreign government. Your cash, your investments, your data?

You might, I would not.

SelfWealth client (Australian) cash is managed in a trust account at the ANZ (designated per client) and Australian client shares are held under a client HIN that can be transferred by the client to another broker. Client data managed by SelfWealth is controlled by Australian laws. Correct? If I want to see what SelfWealth the company is doing I can pick up a company report.

As an investment platform SelfWealth is and has been a genuine competitor to the banks. I personally wouldn't trust some of these competitor products with a dollar of my savings.

But yeah, as an investor SelfWealth has been a poor investment, no contest. They've invested in some features of dubious value. But now they're generating serious cash relative to their market size that may be about to change.