My Updated Forecast, page-26

got it spot on for a change. Doesn’t happen too often.
Will prob hit mid 60s tomorrow given how it closed before filling in the gap later this week once steam run out at late 50s for a re entry/top up for some

I did sell out at .595 today, have been burnt before not taking profits along the way, but intend to buy in again (at same/higher/lower who knows).

have followed it since 26c & predit it’l be 85-90c+ once intnl trading is launched for all last qtr.

Understandable headwinds would be price reductions from existing brokers. Seen IG do that (not chess sp I know & still has % involved for higher amounts that hurt), there’s one from perth coming up with $5 or .05 but in its infancy with no live streaming, I’m using a mix of swf & cmc myself due to their charting & live streaming + free sharesight. In the last 18 yrs I’ve seen banks go from charging account fees, atm fees on other banks & all sorts of admin fees that have vanished/reduced with competition from ing bank & other 2nd tiers.

see the same thing happening in this market over time but comsec’s 50% market share v/s how other markets r split better with big4 give them less reasons to do so in a hurry (unless one of the other 3 want to add MS & then has a me too effect).

so while I’l continue to swing trade/invest short term as intnl trading & other features will help with more traction & so will continuation of ppl wfh, lack of a clear moat (barring being cheaper) & a potential second market crash once govt schemes are pulled back/cut later this year/reality sets in, the current growth in #s of trade & new memers won’t be sustaibanle. Imho ofcourse, dyor. Will continue to trade/use swf over the next 3-6 months at least.