PPS 0.00% 66.5¢ praemium limited

Their FUM increased by $1b in September quarter. Hopefully the...

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    Their FUM increased by $1b in September quarter. Hopefully the trend will continue. Every $b FUM increase will have the effect of increasing their bottom line by about $5m. Although the margin is low, most of their cost are fixed cost meaning that their margin will increase with increase in FUM.
 
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