if the current trend continued cashflows would be positive by 2024. But the if you look at the shift in margins earned on funds as a result of the mix of products used there will be a profit impact.
BTW - the answer to the other question is that overall platform net flows for the last quarter were flat. Funds are moving from old north and summit to lower priced new north. And more money is leaving platforms than is coming in as new investments from existing or new clients.
if the current trend continued cashflows would be positive by...
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Last
$1.12 |
Change
0.005(0.45%) |
Mkt cap ! $3.022B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.11 | $9.645M | 8.624M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 94600 | 4 |
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| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.11 |
Change
0.005 ( 0.50 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.13 | $1.11 | 1500348 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| AMP (ASX) Chart |