Thanks for the update , but really ????
What are the financials?
Is revenue growing or falling, is NPAT growing or falling, ands most of all what is the strategy
Are we a fund manager , an sma provider or a dealer group set up for the purpose of selling our own products s per IOOF and AMP.
I am happy to hold for now but would love to know how much the NPAT will be in 2022 to justify the market cap of $44m or $30m if you exclude the cash they have on balance sheet .
If normal NPAT , not one off performance fees does come in at more than $4m it should go up, and if it does not i for one will buy more , disappointed in this update because it tells us very little.
Personally I invested in a fund management business so can only hope this is the long term focus
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- Ann: Quarterly market update - March 2022
Ann: Quarterly market update - March 2022, page-2
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