FID fiducian group limited

FUMAA down roughly 14% since the HY result (7.05bn vs 8.2bn)Even...

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    FUMAA down roughly 14% since the HY result (7.05bn vs 8.2bn)

    Even if there's a 2% gain from shifting funds across to the software platform and under management, it's outperformed relative to the Australian index. No idea what a realistic percentage of FUM would be to move across in 4 months.

    As for cheap FUA - they purchased MYS for 1.6% of FUA. This transaction was priced at 0.78%.
    Obviously the customer base and profitability matter, so it's not that simple. But all else being equal this transaction is half price.

    I wonder if any of those AMP financial planners are still selling up...
 
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$9.12
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Price($) Vol. No.
$9.60 4430 1
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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