I really don't understand how "Mr Market' has this stock trading...

  1. 136 Posts.
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    I really don't understand how "Mr Market' has this stock trading on a forward p/e of ~8x and a yield of ~10%, added bonus is the divs paid quarterly to reive holding income.

    Given the organic FUM growth, it should trade in a range of 12x-14x given their infrastructure is largely built out now, hopefully over time the stock re rates to a more realistic multiple.
 
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(20min delay)
Last
$1.95
Change
-0.005(0.26%)
Mkt cap ! $5.755B
Open High Low Value Volume
$1.96 $1.97 $1.91 $4.243M 2.188M

Buyers (Bids)

No. Vol. Price($)
6 30681 $1.94
 

Sellers (Offers)

Price($) Vol. No.
$1.96 16805 3
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
GQG (ASX) Chart
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