It seems like a smart, albeit small, purchase. Paying less than cash at bank i think shows Affinia was no doubt unprofitable. Countplus I assume believe they can make it profitable leveraging their exisiting resources and scale - like they did with the Count purchase from CBA.
When you compare this business PE with Kelly & Partners it seems cheap, probably why directors are buying.
News: CUP Countplus Finalises Terms For Acquisition Of Affinia Financial Advisers, page-6
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Last
93.0¢ |
Change
-0.010(1.06%) |
Mkt cap ! $157.4M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 93.0¢ | 93.0¢ | $1.426K | 1.533K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1893 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 17533 | 2 |
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| Last trade - 14.39pm 07/08/2025 (20 minute delay) ? |
| CUP (ASX) Chart |