Intelligent Investor has updated its recommendation following the float saying hold.
Base case valuation of $8, but "believe the price could be multiples of this in a few years if a few things go right".
They believe this is "the best funds management business in the country".
With all the focus into super, sure it is trading on a high p/e but there is substantial scope to grow their business as well.
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Last
70.5¢ |
Change
0.015(2.17%) |
Mkt cap ! $410.4M | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 71.0¢ | 68.5¢ | $678.7K | 972.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 85303 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 40192 | 11 |
View Market Depth
| Last trade - 11.51am 16/09/2025 (20 minute delay) ? |
| PTM (ASX) Chart |