the issue for me is whether there is growth in the business.
I am not worried about selling into to short term periods of excessive share prices and trying to time the price cycle.
At the current PE, yes the AEF share price is high and they probably need some sort of step change in FUM for it to kick higher.
However as long as the business metrics are showing solid growth, then I am in and patient.
Gosouth
AEF Price at posting:
$157.99 Sentiment: None Disclosure: Held
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