Gee whiz, the hate on here is pretty strong. They were 95,189 odd traders at June 30 (only 5 weeks ago) and they've snagged another 5% of growth in 6-weeks to be the 4th largest online broker and have been growing strongly through REFERRALS.
Not bad given they're described variously on here as:
Crap app
Management missed the boat
Barely worth scrap value of 20c or so
Share price has been poor due to the normalisation of trading after GME frenzy but perhaps the fault is those of us who bought at higher levels and not realising that reduced activity was likely. We've been bagging management for not investing in service and UX/CX and they seem to be trying to address.
They've carved a decent market to be 4th largest online broker and are still growing and looking to improve. I for one am prepared to give them some credit.
Haters gonna hate.
Ann: SWF hits 100k Active Traders and increases market share, page-4
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