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$4.92 australian ethical investment limited

AEF joined the $100 club today. I wonder if they are having...

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gosouth

2,582 Posts.

39

11/07/17

13:37

Post #: 25792350
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Originally posted by gosouth ↑

Hi PD

Yes, I can see how I misinterped the AEF release.
I would admit I mainly have a position here because they only have measly 1 million shares on issue and are approaching $100 per share lol.
Whilst they maintain a strong growth in FUM I am hanging on because ultimately profit generation will catch up.
IMO profit margins will never go back to previous levels. They have dropped their fee % rate in the last 12 months (to be more competitive) and on top of that were advised that their back office staffing/systems had not been increased/improved to match the growth of the business (this was seen as one of the causes behind the unit pricing problem).
I will continue to hold well into the next FY to see how the books look after the unit pricing issue is in the rear vision window.

Gosouth

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AEF joined the $100 club today.
I wonder if they are having champers in the office.
They should be.

Gosouth

AEF Price at posting: $100.00 Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last $4.92		Change -0.180(3.53%)		Mkt cap ! $483.8M

Open	High	Low	Value	Volume
$5.02	$5.10	$4.83	$680.9K	138.1K

Buyers (Bids)

No.	Vol.	Price($)
2	363	$4.87

Sellers (Offers)

Price($)	Vol.	No.
$4.92	523	1

View Market Depth

No.	Vol.	Price($)
2	3054	2.360
2	321	2.340
1	370	2.290
2	5353	2.260
1	9000	2.250

Price($)	Vol.	No.
2.380	8849	3
2.390	8260	1
2.400	4200	2
2.460	280	1
2.500	1500	1

Last trade - 16.10pm 21/11/2024 (20 minute delay)

AEF (ASX) Chart