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clock Created with Sketch. 05/01/24
12:27
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Originally posted by SteveSage:
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I think the losses from Barrenjoey are going to be much larger this half compared to last year (IPOs, debt raising, M&A activity at historic lows and they are still growing their other businesses), but given they have investment in their own funds, I suspect that may have grown given what markets have done in the last 6 mths. These are unknown so will have to wait (plus any unrealised markdowns they may make).
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fyi: actual H2 FY23 (most recent) expense base:
(20min delay)