HUB24 (HUB) shares sure on strong FUA print
HUB +8.73%: the investment platform continues to hit the ball out of the park, today announcing record quarterly inflows for the first three months of FY22. FUA grew $3b to $45.4b, up 139% year on year as more investors move to independent platforms. The company recently set some lofty targets to hit $63b in FUA by FY23 however they have the momentum and continue to sign more licence agreements – 30 in Q1 – that provides clear line of sight to the figure.
MM remains long and bullish HUB
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