EBB is hugely undervalued, here is why:
PTM has a FUM of $18b, market cap of $2.4b, EBB has FUM $3b and market cap of $100m. In other words, EBB has 1/6 FUM of PTM, but 1/24 market cap of PTM.
Sure PTM has a stronger brand, but EBB performance has been OK. The share price can't justify at all.
EBB
everest babcock & brown limited
EBB is hugely undervalued, here is why:PTM has a FUM of $18b,...
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