Not surprised to see this company almost back to its IPO price, after reaching a new 52 weeks high.
Despite the large derating of the fund management industry (since GQG listing).
We know that it is explained by the performance of their funds and the net inflows they are able to get.
Only weakness I can see in their model : their strategies are still long only.
So they remain exposed to any significant weakness of the stock markets.
Over time, I expect them to reduce this exposure, via new strategies.
I thought that their failed attempt to buy PAC was going into the right direction, as it helped them reduce this risk.
Not surprised to see this company almost back to its IPO price,...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GQG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.83 |
Change
0.050(1.80%) |
Mkt cap ! $8.358B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.84 | $2.76 | $4.679M | 1.662M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 457 | $2.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 17183 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GQG (ASX) Chart |