I agree, at least based on current performance of their funds and business. In this regard, sp is massively undervalued.
However, there are many uncertainties, particularly around FUM levels once the freeze is removed, and more generally in hedge fund space. So debt may look large if there is a big drop in FUM.
As you we have discussed previously, I'm a glass half empty on this one, but happy to hold the balance of my holding.
7 days until d-day, page-14
Add NGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.61 |
Change
-0.035(2.13%) |
Mkt cap ! $789.0M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.67 | $1.61 | $157.2K | 96.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 494 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 6284 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| NGI (ASX) Chart |