Forget fundamentals for the moment it's a growth stock. Also it's a fixed cost base so any additional back office wins are immediately accretive.
They will grow by a minimum 10% per annum but most of their client funds grow by more than that so you are potentially looking at a business that grows by 20% without doing very much.
Go back and read my initial comments on this one. All still very relevant. I love it.
Forget fundamentals for the moment it's a growth stock. Also...
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Last
$11.39 |
Change
0.115(1.02%) |
Mkt cap ! $1.740B | |||
| Open | High | Low | Value | Volume |
| $11.19 | $11.45 | $11.18 | $2.892M | 254.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1005 | $11.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.39 | 2487 | 16 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| MFG (ASX) Chart |
