I talked management quite a while ago and they said they were paying like 4x EBIT for acquisitions. Sounds unbelievable. But you understand why just look at where FID is trading at.
Ann: Fiducian Group acquires $60M Funds under Advice, page-4
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 (20min delay)
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Last
$9.28 |
Change
-0.310(3.23%) |
Mkt cap ! $292.9M | |||
| Open | High | Low | Value | Volume |
| $9.55 | $9.60 | $9.28 | $162.9K | 17.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48 | $9.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.35 | 2737 | 2 |
View Market Depth
| Last trade - 12.21pm 18/06/2025 (20 minute delay) ? |
| FID (ASX) Chart |