Not sure about your LNK example- they were trading at over $4.70 back in 2018 and suffered ever since spinning off PEXA, so a small bounce off the back of take over news isn't amazing in my book. Hopefully your other points are closer to the mark, but what are fund managers going to do to stop the cash walking out the door? Why would an investor choose their investment product over an ETF or directly investing? How are they communicating to their SH how they will grow FUM again and their investment choices? How do they attract younger investors who prefer the above mentioned investing strategies? It is a long play, and maybe it does improve and then your numbers make sense, but it has been a long slow march down since 2017 for a lot of investors.. hopefully the trudge back up to those heady days don't take another 6-7 years.. Just my opinion
Not sure about your LNK example- they were trading at over $4.70...
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Mkt cap ! $611.2M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.05 | $662.4K | 624.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 8 | 104233 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.06 | 61468 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| $1.06 | $1.07 | $1.05 | 176371 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PTM (ASX) Chart |