At the AGM, Mr Indy Singh, answering questions, said that FID has plans to expand into other states where currently it may be under-represented. Negotiations are underway in Qld/SA/WA, and it wants to expand across Australia. (There are franchised offices in these three states already).
Inflows to the superannuation services master trust have been $82 million on a net basis since 1 July 2021, of which 60 per cent is in the SSMT.
There are opportunities for acquisitions (of financial planners) but as stated in the annual report, FID is extremely selective: no compliance constraints, prepared to look after the best interests of their clients, and they need to go through an external examination. Some have been turned down! The opportunities are in both salaried and franchised operations.
At the AGM, Mr Indy Singh, answering questions, said that FID...
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Last
$7.55 |
Change
-0.010(0.13%) |
Mkt cap ! $237.6M | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.51 | $8.406K | 1.104K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 608 | $7.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.64 | 3333 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$7.55 |
Change
-0.010 ( 0.13 %) |
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| Open | High | Low | Volume | ||
| $7.65 | $7.65 | $7.55 | 200 | ||
| Last updated 15.58pm 24/05/2024 ? | |||||
| FID (ASX) Chart |