I'm just curious on what news does this look like great value?
It's pretty simple really, until they stop bleeding FUM you wouldn't touch this with a forty-foot barge pole.
I'm just curious how people see this as value when you can't put a figure on what the business is worth until they stop the bleeding.
Anything up to that point is simply punting.
Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-162
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