Hi @AJ7
I would hold off until the business shows signs of stability - FUM needs to grow at a rate of approximately 10% or more for a quarter. You might miss a couple of dollars on the upside, but it is better than losing another potential $5-$10 to the downside (no one will know exactly what impact the St James Pl FUM loss will have on business, it could spiral lower from here). I would say give it another 3 months at least before considering to buy.
If you do buy now, put a 10% stop loss on. It will save you a lot of money.
Best of Luck
Lost
Ann: St James's Place Mandate, page-53
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Last
$9.76 |
Change
-0.050(0.51%) |
Mkt cap ! $1.764B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.77 | $9.63 | $2.785M | 286.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 928 | $9.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 2144 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |