HUB 0.69% $60.84 hub24 limited

Please explain valuation

  1. 3,700 Posts.
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    I would like someone to explain to me why they think this company is worth $1.4 billion so I too can become a shareholder. Where and when is the profit going to come from support this?

    This is about FUA and margins and costs. I cannot find the model that makes it work. There seems to be assumptions about fua growth, margins being maintained and costs not having to increase. It is not the magic pudding
 
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