FID 0.00% $7.67 fiducian group limited

Solid result from FID, page-14

  1. 3,474 Posts.
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    Good comments re liquidity RTheo. I spoke to management about the liquidity a couple of years ago when it was a lot worse and suggested they issue shares for a % of the acquisition price when they purchase FUM. They have done this on a small scale for a few acquisitions. Not sure how else they could increase liquidity as it's tightly held and they are unlikely to do a large acquisition with a discounted cap raising. If you have a large position and you wanted to cash up some stock I'm pretty certain with the right broker you'd be able to do a crossing to a fund.
 
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Last trade - 07.03am 26/06/2024 (20 minute delay) ?
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