Thanks Stoxgal
IOOF did own over 50% of Perennial so the overall figure would be closer to 2.5bn. So I agree loss in FUMA is marginal and as you say, there maybe other benefits in relation to reduction in management costs and time etc.
News: IFL IOOF Divests Holding In Perennial Value Management, page-4
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$2.36 |
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Mkt cap ! $1.582B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.38 | $2.32 | $3.518M | 1.494M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 77309 | $2.36 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 7808 | 3 |
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