Just an update on total FUM as at this morning is around A117B at A$ 74c.
If this rate is maintained, Investment bankers better get on to action to update expected EPS rates and therefore SP. Otherwise they are going to look terrible.
I think that will be the catalyst to gradually go back to at least A$ 45 with the half year results.
Ann: Funds Under Management - October 2021, page-50
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