They have said it is for termination of material contract. Regarding price movement, it has been dropping for last 6 months. My question is whether market has built in this information of termination in the current price setting.?Not much move down. Only other good thing is the biggest risk of their investors was St James Leaving with 12% of FUM. If they are out of the register future risk is less as MFG will not behold to one major client.
MFG Price at posting:
$29.36 Sentiment: Buy Disclosure: Held
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