It's hard to take Waislitz seriously from an investing...

It's hard to take Waislitz seriously from an investing perspective given his track record. It's in the public domain for all to see.

Hub24 was operating in a different regulatory environment in 2015 with incentive payments to licensees now banned. There is also licensee consolidation underway so less of a market to pitch a retail platform to. Netwealth and Hub24 have a headstart. There are long lead time to signing on clients, just ask the long suffering sales team at Managed Accounts.

The bid on the table is the highest bid this is going to trade at for a long time if Thorney are successful.