Yes it is a concern but it has been largely mitigated my the parabolic growth in the revenue drivers which is net FUM flows and AUDUSD - both of which look extremely likely to continue to move favourably to MFGs benefit for short to medium term. Where will it top out? Really really hard to say - I've shifted my $14-16 '14 range to $18-$22 for '15 based on net flows continuing to be positivie (albeit at a reduced rate) and AUDUSD retreating to long term average.
Yes it is a concern but it has been largely mitigated my the...
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Last
$9.59 |
Change
0.160(1.70%) |
Mkt cap ! $1.720B | |||
| Open | High | Low | Value | Volume |
| $9.49 | $9.74 | $9.48 | $7.199M | 749.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 405 | $9.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.60 | 6580 | 4 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |