Not really bull case but shows where investment dollars are flowing.
When students learn these at uni they will follow. And inevitably creates excess demand for stocks starting with large caps. Like a flywheel effect.
Once this happens you can throw your excel spreadsheet away! Because a class of FinTech grads have already made up their mind and see value just by understanding the future biz before you have done your valuation or opened that broker report with that super low price target.
Other names I can just make out in the logo slide include Link, Iress, Zip, Square, Self wealth, lonsec (gdg). There's quite a lot.
I see NWL is up a lot too.
Does this mean it's a bubble? Maybe or maybe not.
Haven't bought hub yet in real life yet but put the order here.