INQ 0.00% $1.19 investorfirst limited

The news today to remove the stock brokering business and build...

  1. 4,994 Posts.
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    The news today to remove the stock brokering business and build up FUM with Wilson was a surprise but is very positive for both businesses

    Wilson get to build repeat income by using a platform , and add 9 brokers to their team

    HUB 24 get a second major brokering business subscribing to their platform , Ord Minett being the initial business that reported that the super product was actually getting accelerated traction amongst their dealers and client base .

    Now the business is simply a product provider groups like Yellow Brick road and even Wilson's might looked to take the $12.5m market cap at 45c , is less than the last reported cash in the bank .

    Stocks like Magellan and Perpetual are similar in theory , and have a rocket under them at present

    I have a very small position and are considering getting a much bigger one
 
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