RE:RE:RE:RE:RE:RE:RE:ALY Shareholders 93% Retail is the problem geekinasuit wrote:
Good points, although an RTO may be problematic due to regulatory issues. MW is Italian based with approval from CONSOB, ALY is Candian based without trading approval. Maybe the regulatory approval survives an RTO but I doubt it. ALY has a presence in NA, and I'm sure MW and it's backers see access to NA as a big advantage, so something is likely in the works behind the scenes. We do have to see MW get at least the 2M subscribers before anything happens. If they fail to gain sufficient paying user base, MW will have to find a way to change the situation. Next catalyst will be user base numbers and growth projections, it has to start looking good or we stay flat.
Just want to remind all that regulatory approval is not required in the same way as with Investopro.
This new development is easier as it will be just a trading platform for banks / brokerages without one (for self-directed investors).
These banks / brokerages already have approval for their other activities.
It will be used in the same way as ISP / Azimuth use the platform developed by MW that is now also an independent brokerage - Investopro.