It takes opposing views for every trade ! GQG is low volume, so hard to play for institutions. At $1.30 believers in GQG will see good value. A seller may be worried about general equities sentiment being difficult environment to raise new flows and deliver equity performance. One of them will be right!
This an interesting trading stock, a business I like for the long term but with significant volatility.
Like @Fatporka I think $1.30 is good value underpinned by a 9% dividend yield and likely closer to the bottom of the trading range.
Ann: FUM as at 31 August 2023, page-15
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Add GQG (ASX) to my watchlist
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Last
$2.78 |
Change
0.045(1.65%) |
Mkt cap ! $8.195B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.79 | $2.72 | $3.127M | 1.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 53641 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 19118 | 34 |
View Market Depth
| Last trade - 13.56pm 26/08/2024 (20 minute delay) ? |
| GQG (ASX) Chart |