AEF australian ethical investment limited

I’m changing sentiment to hold mainly due to the fact that a...

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    I’m changing sentiment to hold mainly due to the fact that a scalable business is increasing spending at a faster rate than revenue growth. Although we are getting net flows of $240M it was consistently better for many previous quarters. I’m finding these claims from the CEO of investment for growth to be way off the mark. That target of $20-25B is a bit of a joke. Only MA activity might get them there. If they stick to continually spending heavily to get this target then it’s a red flag!
    Last edited by Cp dog: 21/04/22
 
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