SWF 7.69% 12.0¢ selfwealth limited

Stake is not profitable with their $3 flat fee model. if you...

  1. 583 Posts.
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    Stake is not profitable with their $3 flat fee model. if you read SWF's annual report, you can roughly work out how much their clearing cost is. SWF is making a reasonable margin and reinvesting that margin into its product development to make its platform and APP better. Other smaller platform are just racing to the bottom and will go bust sooner or later. there's no future for these cheap brokerage platforms if their business model isn't sustainable.
 
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Last
12.0¢
Change
-0.010(7.69%)
Mkt cap ! $28.07M
Open High Low Value Volume
12.5¢ 12.5¢ 12.0¢ $42.81K 348.3K

Buyers (Bids)

No. Vol. Price($)
6 420961 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 46439 4
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Last trade - 15.58pm 07/06/2024 (20 minute delay) ?
Last
12.5¢
  Change
-0.010 ( 0.00 %)
Open High Low Volume
12.5¢ 12.5¢ 12.5¢ 60154
Last updated 14.37pm 07/06/2024 ?
SWF (ASX) Chart
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