Pretty staggering fall from grace this.
Another poor month on the markets and continued outflow and they will be managing one third of what they were 12 months ago.
Where the share price lands at this point is anyone's guess.
It's almost getting terminal at this point. Do they try and merge with someone to create scale? The turnaround isn't going to be from getting new FUM in the door that's for sure.
Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-9
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Last
$8.50 |
Change
0.410(5.07%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $8.24 | $8.58 | $8.24 | $8.441M | 996.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $8.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.51 | 3265 | 2 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |