FID fiducian group limited

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

  1. 3,817 Posts.
    lightbulb Created with Sketch. 517
    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...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$11.16
Change
0.120(1.09%)
Mkt cap ! $352.2M
Open High Low Value Volume
$11.00 $11.17 $10.97 $127.6K 11.53K

Buyers (Bids)

No. Vol. Price($)
1 225 $11.12
 

Sellers (Offers)

Price($) Vol. No.
$11.17 802 1
View Market Depth
Last trade - 13.15pm 31/07/2025 (20 minute delay) ?
FID (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.