Hi Lama
It was purely a comparison of what value the market places on NPAT (Net Profit After Tax).
IBG will make approx NPAT - $95.4 Million with 453 Million Shares on issue
MMS will make approx NPAT - $60 million with 74.52 Million Shares on issue
Please dig up any other examples but in production IBG's NPAT is pretty good and my error on share issued as IBG is 413 Million approx.
NPAT once in the ASX 500 or ASX 200 is something superannuation companies look at very closely
Cheers.
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