FUMAA down roughly 14% since the HY result (7.05bn vs 8.2bn)
Even if there's a 2% gain from shifting funds across to the software platform and under management, it's outperformed relative to the Australian index. No idea what a realistic percentage of FUM would be to move across in 4 months.
As for cheap FUA - they purchased MYS for 1.6% of FUA. This transaction was priced at 0.78%.
Obviously the customer base and profitability matter, so it's not that simple. But all else being equal this transaction is half price.
I wonder if any of those AMP financial planners are still selling up...
Ann: Fiducian franchise acquires $56M in Funds Under Advice, page-3
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Last
$11.50 |
Change
0.220(1.95%) |
Mkt cap ! $363.0M | |||
| Open | High | Low | Value | Volume |
| $11.25 | $11.50 | $11.25 | $195.6K | 17.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $11.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.50 | 1237 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| FID (ASX) Chart |