GQG isn't moved by 'mom & pop' investors, it's moved by institutions.
The simple fact is that all fund managers were out of favour due to threat of recession & market correction.
GQG is a top performer in fund management & so is recovering faster & better than some others.
Fund managers are cyclical & we're currently around the bottom of the cycle.
By the time we get towards the peak of the cycle GQG could easily be $3+ maybe even as much as $5+ depending on the underlying funds performance.
Ann: FUM as at 31 December 2023, page-21
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Last
$2.81 |
Change
-0.070(2.43%) |
Mkt cap ! $8.299B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.88 | $2.75 | $3.913M | 1.396M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GQG (ASX) Chart |