Why not? They only need to get like 1.5% of the brokerage market to be neutral, anything after that is profitable.
Beyond this they can start doing margin lending, new ETF which might be started with 100M seed money as they mentioned today.
Sure it is high risk but it also seems like a high reward proposition to me so I am happy with my position in around 8c.
Ann: Trading Halt, page-7
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $29.02M | |||
| Open | High | Low | Value | Volume |
| 12.3¢ | 12.5¢ | 12.0¢ | $2.336K | 19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91774 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 66722 | 1 |
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| Last trade - 13.49pm 30/08/2024 (20 minute delay) ? |
| SWF (ASX) Chart |