GQG isn't moved by 'mom & pop' investors, it's moved by institutions.
The simple fact is that all fund managers were out of favour due to threat of recession & market correction.
GQG is a top performer in fund management & so is recovering faster & better than some others.
Fund managers are cyclical & we're currently around the bottom of the cycle.
By the time we get towards the peak of the cycle GQG could easily be $3+ maybe even as much as $5+ depending on the underlying funds performance.
Ann: FUM as at 31 December 2023, page-21
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Last
$2.74 |
Change
0.050(1.86%) |
Mkt cap ! $8.107B | |||
| Open | High | Low | Value | Volume |
| $2.69 | $2.78 | $2.68 | $1.588M | 579.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 26819 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 1957 | 11 |
View Market Depth
| Last trade - 15.58pm 21/10/2024 (20 minute delay) ? |
| GQG (ASX) Chart |