The insto mandate has nothing to do with their cost increases. Their investment performance has been excellent which is how they've been able to secure the mandate. And $120m is small in terms of insto mandate, min size is usually $250m.
The problem is the growth is baked into the price already, unlikely to go any higher (although I thought that at $90). This year's financials will require a detailed review.
The insto mandate has nothing to do with their cost increases....
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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 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| AEF (ASX) Chart |
