Media speculation is that Mark Bouris’ Yellow Brick Road (ASX:YBR) may be looking to merge with Homeloans Limited (ASX:HOM) to drive its growth as a mortgage broker.
This would also drive profitability given that Homeloans – a $62 million market cap – generated $6.2 million in after-tax profit in 2014.
Homeloans is backed by National Australia Bank (ASX:NAB) and Macquarie Group (ASX:MQG).
The transaction with Homeloans is believed to be just one of the deals Yellow Brick Road is working on to drive its growth as a mortgage broker.
Macquarie already owns an 18.4% stake in Yellow Brick Road.
Both Yellow Brick Road and Homeloans have released announcements to the Australian Securities Exchange that neither deny nor confirm the speculation.
Media speculation is that Mark Bouris’ Yellow Brick Road...
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Last
$43.76 |
Change
-0.030(0.07%) |
Mkt cap ! $134.1B | |||
| Open | High | Low | Value | Volume |
| $43.89 | $43.93 | $43.64 | $11.67M | 266.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 302 | $43.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.76 | 285 | 4 |
View Market Depth
| Last trade - 10.32am 16/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |