Wealth management platform company Praemium's 1H FY 2023 result was solid despite weaker and volatile markets, says Shaw and Partners analyst Danny Younis in a note. He reckons that Praemium remains undervalued compared with rivals Hub24 and Netwealth. "Praemium is trading on a resounding discount to its peers and is in fact trading at half the original Netwealth bid price of A$1.50." Shaw and Partners has a buy recommendation on the stock. Praemium is up 0.6% at A$0.79/share. ([email protected])
So ripe for a takeover, page-3
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $241.2M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.5¢ | 49.5¢ | $339.3K | 669.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8009 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 8760 | 1 |
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| PPS (ASX) Chart |