I like the company - impressive FUM growth and strong culture.
I bought at the float, knowing that it was a gamble to buy a fund manager towards the end of the cycle. However, I believed at the time that there was a possibility that the cycle still had a year or a year and a half to go, so I thought a modest investment could still turn out worthwhile.
The cycle has now turned and I don't think that a fund manager, which behaves like a leveraged share investment, is the right thing to hold at this time. I bailed out at $1.70, leaving a residual 1000 shares to remind me to look at getting back in if there is some blood on the floor.
Doubts emerging on GQG’s FUM forecasts ?, page-19
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GQG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.80 |
Change
0.010(0.36%) |
Mkt cap ! $8.269B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.85 | $2.76 | $7.074M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 14528 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 17464 | 6 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| GQG (ASX) Chart |