asf - don't worry about me..., page-4

jatter, re this paragraph of yours:

"from the looks of it, say they have $300m FUA by Jun and $500m at the end of June 2013. Av $400m FUA at say 22bps = annualised revenues of less than $900k. With ongoing costs in HUB of say $3.5m, still good losses coming."
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What you are saying is that HUB can almost never be profitable, with $3.5m costs per annum. Are you sure about that? It strikes me as extraordinary.

Also, how much do they have to pay out for marketsplus, please?

The share price @ 31.5c is equal to .007875, which is equal to half the pre-consolidation capital raising of 1.5c. It is not unsurprising for consolidated companies to have a hook down post-consolidation, but this seems way overdone. Waislitz/Thorney would have done their due diligence prior to committing to the $millions for the placement. Thorney's clients must be panicking, and yet the sell-down continues. I find it hard to believe that the market cap and share price of this company was reliant on only the broking side. WIG has 6 months of due diligence on HUB, which is a long time, however, HUB is increasing performance, so hopefully, that 6 months will have a successful outcome.

jatter, re WIG and the takeover, I suggest that it has nothing to do with WIG's share price. WIG has doubled SP, whilst MCX has halved share price. The better part of WIG's share price appreciation is to do with it getting more brokers from INQ, and in a better market for brokers. WIG has had a "fractured" environment, though, and the INQ brokers are moving from a "fractured" environment. Who knows what will happen there (the MCX takeover is dead in the water, though), but INQ remains the more interesting proposition.