All steady as she goes really, nothing really concerning.
A few points worth noting:
- Net inflows at record figures... nice work given the environment
- CTI increased by 2%. Given the effort involved in PCUU integration/acquisition, my guess is this drops back down when it's done
- The financial planning segment is performing strongly (profits). I always assumed this would be breakeven, almost as a loss-leading product to attract FUMAA
- Platform Administration looking interesting. Cutting fees by ~$1m (on current FUA) and marketing externally. At 60% margins, this could be a big win.
And just in case people missed it - retail preso on thursday.
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Open | High | Low | Value | Volume |
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1 | 372 | 8.440 |
1 | 1000 | 8.280 |
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1 | 500 | 8.210 |
Price($) | Vol. | No. |
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8.690 | 1430 | 1 |
8.780 | 1399 | 2 |
8.800 | 2873 | 1 |
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