Hi Pastperformer.
Is this a possible trade where someone has sold 7.6mil + shares at $1.10 in the hope they will go lower or someone having to find a buyer and have to offer a discount to unload a large quantity in one hit. Possibly margin call induced,maybe we are seeing a bottom.
Even with all the turmoil GQG will still have average FUM for the quarter of $US 90bil and possibly higher or consistent for this HY. Even with a 27% tax rate would equate to approx US 9CPS annualised or AUD 12.5CPS. A risky exercise shorting at a $1.10.
Cheers Greg
Ann: 2021 Full Year Results - Investor Presentation, page-121
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Last
$2.87 |
Change
-0.010(0.35%) |
Mkt cap ! $8.476B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.90 | $2.83 | $5.369M | 1.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4895 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 4719 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| GQG (ASX) Chart |