Ann: PPS Investor Presentation - H1 FY2022 Results, page-49

I hope you're right but if the sell off was caused by a change in sentiment, I think it is going to take a long time for these 3 to recover. People have been buying HUB, NWL, PPS because of 1. the consolidation of the diversified financials space (MAI takeover as an example) and 2. the fallout of the Haynes commision that saw the smaller platforms picked up FUMs from the big 4/5. Number 1 looks uncertain at this point but not dead. Number 2 is still going on but will slow down. NWL is trading at 60x PE as at today, HUB is trading at way higher. PPS doesnt have a PE now since it's made a loss. People now have less incentives to buy unless there is a significant change in sentiment.