I've given you an upvote and great analysis Salty and I tend to agree with your overall thesis
I am going to hold for now though on my thesis that the fed will pivot and markets will turn aggressively and FUM will stabilise
That those shorting will eventually have to cover and that will put a rocket up the SP
That MFG management will wake up and the obvious changes (lower salaries, lower fees, staff shedding, HD sacked from consultancies etc will be made) as they will be forced to act under the prevailing market sentiment.
Maybe I'm deceived.. most likely ...but I don't think this is a Babcock and Brown
Could be wrong. Let's wait and see.
NA/IMO
Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-88
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Last
$9.76 |
Change
-0.050(0.51%) |
Mkt cap ! $1.764B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.77 | $9.63 | $2.785M | 286.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 928 | $9.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 2144 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |