There is not many comparable recent acquisitions but Finsure had...

There is not many comparable recent acquisitions but Finsure had around 2000 brokers when it was bought in late 2021 and had a multiple to trail NPV of 2.77 for the acquisition. Based on this a value for VOW could be $40m. This is based on half year VOW trail figures which could be higher now. VOW was bought in 2014 for $17.6m. For shareholders this would be worth roughly 12.25 cents per share. The other 2 businesses would remain and have their own valuations. This is the issue for YBR shareholders - how to get the share price to reflect the value of the underlying business. VOW is a mid-sized mortgage broker aggregator but could provide a suitable suitor with scale if they are a larger aggregator or give another player a exposure to the aggregator market if they did not already have it. IMO.