HUB 0.68% $74.06 hub24 limited

News: HUB24 snaps up financial planning group Paragem, page-2

  1. 405 Posts.
    On the takeover trail

    Mid-Week Alert –HUB24 - BUY
    HUB24 has agreed to buy independently owned financial planning licensee Paragem for $2 million along with a capped earn out of up to $6 million over three years. HUB24 shares have rallied strongly today on the announcement.
    We believe the deal is a positive one and a good strategic fit. Through the combination HUB24 will gain exposure to $2.5 billion in FUM. Paragem currently licenses 20 advisory practices across Australia.
    HUB24 remains a high risk buy for Members without exposure.
    We will be providing a full update on the stock in next week’s report.
 
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Last
$74.06
Change
0.500(0.68%)
Mkt cap ! $4.657B
Open High Low Value Volume
$74.75 $74.83 $73.90 $5.519M 74.15K

Buyers (Bids)

No. Vol. Price($)
3 55 $74.06
 

Sellers (Offers)

Price($) Vol. No.
$74.08 24 2
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Last trade - 12.00pm 22/11/2024 (20 minute delay) ?
HUB (ASX) Chart
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