At $40 this is an absolute steal. They run a very tight ship (120 million in expenses) which is very easily covered by management fees of $500 mil in fy 2019 and 650 mil in fy 20. Their FUM could drop to 1/2 of what they are today and they'd still make a profit (if the market did implode which looks unlikely atm considering the mania with every man and their dog seeming to be in the market following the recovery). These are smart operators. Long run they'll do well imho. GLTAH.
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Last
$8.49 |
Change
0.000(0.00%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.67 | $8.48 | $3.088M | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1950 | $8.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.59 | 5048 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |