Robert was on TV this morning:
- Yesterdays results confirmed 7 months of strong trading volumes meeting all expectations.
- Record month in September and record quarter driven by increase in new active traders.
- Averaging ~1k new traders per week. August and September increase month on month.
- All structural changes still firmly in place.
- Last quarter July ~5k trades/day. From middle of August to middle September volumes have spiked ~7-8k/day but have recently come down again after reporting season.
Concerned about Increased competition?
- Real story is that bank backed online providers ~74% of market share. "Challenger brands" such as Selfwealth and other competitors have different business models. Selfwealth lots of community data. Honing business model for many years and happy with where we sit. Launching US trading capability soon and been working on it for ~12months.
Robert Edgley on ******
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $38.98K | 322.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 143092 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 2799 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SWF (ASX) Chart |