Ask yourself lateralthinker where is risk least? Always after a price fall. Volatility is not risk. Pros don't think the way you do.
Ask yourself why is the #2 shareholder Moelis, whom manage $80b globally buying the dip whilst retail are selling?
Why is OVH on 1.5x P/Sales whilst Netwealth is 15x? See below. People are in the rear view.
I find it quite interesting these forums, because people make some real interesting claims.
Firstly here is where OVH sits relative to Comps ... your valuation is total non sense ... Suggest you study history of roll-ups and how HUB24 and Netwealth can continue to command a high multiple. Look at the Fwd Mutiple (Blue) of OVH compared to Hub24 (Pink) and Netwealth (Green). Hmmm... who is cheapest?
Then look at this P/sales mutiple ... OVH on 1.5x multiple ... v Netwealth 15.8x ... hmmm who is cheapest?
Then see this ... broker data net volume .... over the last week .... retail money selling (Ords retail + CMC retail), smart money instos buying ... House broker Bells insto desk buying (always a good sign) + the #2 shareholder Moelis buying with 17m shares still buying.
Goodluck
