"1) recent fum report was abysmal - showed a true outflow of ~$7bn net of FX (funny how they dont split it!)"
That's because the management fees MFG earn are derived from the FUM in AUD terms.
"2) All that investment for a mere $25m after tax gain from guzmans?!!"
This equates to an annualised rate of return of 27% pa on GYG...outstanding in the current environment.
"1) recent fum report was abysmal - showed a true outflow of...
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Last
$9.95 |
Change
-0.070(0.70%) |
Mkt cap ! $1.779B | |||
| Open | High | Low | Value | Volume |
| $10.04 | $10.13 | $9.92 | $3.725M | 372.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2494 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 45242 | 13 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |