This company is in a long term uptrend. Hard to see why people sell it when FUM inflow is powering ahead relative to others. I understand people locking in profits but I look back on all those people that sold shares to me way back when they were between $20 and $63 and I wonder if they think they should have held on. It wont be long before this company manages $5B (2021 or sooner) and averaging a 1% management fee (after a few years of fee reductions) it's easy to see why this company will be getting revenues of $50M in 4 years with expense going up annually by 10%p.a. (CPI and more staff) going from FY17 $23M to FY21 at $33M. Only problem - need more cash to buy more. :-(
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$4.78 |
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Mkt cap ! $483.8M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
1 | 494 | $4.78 |
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Price($) | Vol. | No. |
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2 | 321 | 2.340 |
1 | 370 | 2.290 |
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Price($) | Vol. | No. |
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2.390 | 8260 | 1 |
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