RE:RobinHood pending IPOIf there were 13 million customers investing through Investopro, then Marketwall could IPO for the same amount (all things equal).
The potential, however, is 11 million customers for Investopro and assuming a 100% movement into on-line investing. But this is unrealistic. 10% attraction from this 11 million pool would give us 1.1 million customers. A marketcap of 1 billion might be reasonable at some future date.
WIth Analytix owning 49% then a marketcap of 500 million is doable. So 6x from here seems reasonable in a year or so.
For now a double or maybe a triple may be in play.
U