You are comparing apples and oranges.
The current PPT play for Pendal with a huge $110bn FUM and mediocre EBITDA pretty much explains a loss of focus in pursuit of growing FUM.
PPT share price decline of 20% in a month fairly well expresses the market view of a poor transaction.
Contrast that with MFG disposal of gyg and razor focus on portfolio management and you may spot the difference.
GLTASH
Ann: Funds Under Management - August 2022, page-76
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Last
$9.44 |
Change
0.200(2.16%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $9.30 | $9.52 | $9.23 | $10.69M | 1.135M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2614 | $9.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.50 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |