I’m changing sentiment to hold mainly due to the fact that a scalable business is increasing spending at a faster rate than revenue growth. Although we are getting net flows of $240M it was consistently better for many previous quarters. I’m finding these claims from the CEO of investment for growth to be way off the mark. That target of $20-25B is a bit of a joke. Only MA activity might get them there. If they stick to continually spending heavily to get this target then it’s a red flag!
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Last
$7.75 |
Change
-0.065(0.83%) |
Mkt cap ! $882.4M | |||
| Open | High | Low | Value | Volume |
| $7.77 | $7.88 | $7.75 | $1.257M | 160.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 699 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.75 | 665 | 4 |
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| Last trade - 14.53pm 29/07/2025 (20 minute delay) ? |
| AEF (ASX) Chart |