While it'll be a temporary situation that will at some stage improve, this report by Bridget Carter of 'The Australian's' Data Room section may not be assisting AND SP accretion:"Australian investment banking fees have fallen 50 per cent in the first half of this year compared to the same period in 2022 amid a period of uncertainty about the economy.
Figures from a preliminary half year report provided by Refinitiv show activities from Australian investment banks generated $US953.1m in fees down 50 per cent compared to the previous corresponding period, with equity capital markets (ECM) underwriting fees accounting for 20 per cent, or $US192.3m of the Australian investment banking fee pool, according to Refinitiv.
This was a 16 per cent decline in ECM activity compared to the first half last year.
Completed mergers and acquisitions advisory fees amounted to $US267.1m, down 62 per cent from a year ago..."
While it'll be a temporary situation that will at some stage...
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Mkt cap ! $208.1M | |||
| Open | High | Low | Value | Volume |
| $2.31 | $2.37 | $2.31 | $327.3K | 139.6K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| $2.35 | 8000 | 1 |
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| Last trade - 15.52pm 15/05/2024 (20 minute delay) ? |
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| Last updated 15.59pm 15/05/2024 ? | |||||
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