FID 1.97% $7.45 fiducian group limited

Be ready for $4, page-45

  1. 3,372 Posts.
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    A slight misunderstanding of what FID does. Its core business is providing a matching service, a middleman between fund managers , advisors and clients and in addition provides a platform. I bought in after the banking commission as its model looked good and better than a LIC. Being a market stock its going to move with the market. But future success will demand on the ability of the company to Reset and adapt to the new reality after this mess. Also can learn from any economic downturn there are also the winners and losers. Now we will learn is this company's managers are as smart as they are clever.
 
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