Performance fees a bonus and should never be multiplied for future periods. I was expecting none this half so 5mio (3c a share odd) is better than expected.
Company doesn't look to outperform month over month or half over half. People calling for a demise are short sighted. Look at the flows from retail alone... 200m plus average the last 4 months.
I also suspect the stock is targeted by short sellers on the back of the sell off in btt and hgg. Unfairly I might add.
There is probably some selling due to new financial year as people take profit from previously periods but who had been waiting for a new tax year.
42 to 40bn is mainly due to fall in Aud.
BUY
Performance fees a bonus and should never be multiplied for...
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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 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| MFG (ASX) Chart |
