RZI 2.70% 38.0¢ raiz invest limited

Ann: RZI - Business Quarterly Update & Appendix 4C - 31 Mar 2020, page-21

  1. 2,651 Posts.
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    I was a bit hot on the trigger finger this morning but still think it’s great value in the 50s and looks to be solid support at these levels. Not a lot of downside in this one -in my view. I’ve been tracking it since pre-IPO and still can’t believe Bells got away with a $1.80 issue price at the time - it was set up to fail. One of my other early stage high risk buys Marley Spoon has had a similar trajectory but looks like it’ll finally trade above its issue price this year. RZI is still some way off but a couple of good qtrs should see the gap close quickly. DYOR

    GLTAH
 
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