I will throw a long shot in based on some experience I have had recently. I think MQG are a chance to find something like SWF attractive. Their Share Trading platform is a garbage fire in a port a loo. It is easily the worst of the bank broker platforms. They stand to gain the most from improving their offering and have a brand that could make a seriously play for market share if they used the whole "millionaire factory" spiel to their advantage. They also have the 2nd most streamlined online account creation process (after CBA) and are shopping around for new people to use their online signup and instant transfer accounts. The Robo Advisors like Clover.com.au use MQG accounts as they had the easiest onboarding process. I know it is a long shot as SWF are small fry to MQG but I think it would be a sound move.
SWF Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
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