Brilliant take, you hit every point. I'm glad you touched on the sticky super and Raiz kids. The Raiz kids being free is an excellent future customer pipeline; it's one of those deals in business that benefits both parties, customer and business. I'm also glad to see the size of the average users' account increase. Once more and more user accounts start getting into the percentage fee structure (from memory, this kicks in at the 15k mark?), you're talking about an exponential return for the company; years into the future, this can be massive. Even if we didn't gain one more customer, 10 years down the track, the revenue would be multiples of what it is now. As the overall stock market rises and people's accounts grow, percentage fees get larger and larger.
I've been holding this stock for a long time, bought the majority of my shares when this company was at rock bottom (sub 0.4 cents) and the whole time I've never understood why the market doesn't see the future potential here; it's still criminal that it's under $1. A gem on the ASX!
RZI Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
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