Looks to be a nearolgy push following Nwl results which showed Hub performed quite well for Mar 18 year on year net flows.
Still falls well short in comparison to NWL but they demonstrate an independent can more than compete but surpass in all metrics.
If Hub can improve their service, their technology a bit, and make this transition from Fitzpatricks a success (atleast twice reported) without hitting them too hard in other departments, I can see Hub joining Netwealth in the ASX 200 (maybe 100) and each be worth 3-7 billion.
Ann: FY18 Update, page-13
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Last
$40.83 |
Change
-0.850(2.04%) |
Mkt cap ! $3.316B | |||
| Open | High | Low | Value | Volume |
| $41.47 | $41.90 | $40.68 | $6.625M | 161.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 188 | $40.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.84 | 187 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$40.78 |
Change
-0.850 ( 2.41 %) |
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| Open | High | Low | Volume | ||
| $41.58 | $41.90 | $40.69 | 17673 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| HUB (ASX) Chart |