Hi All
The following article has to be the ultimate sell signal. After months of advising shareholders no Institution has questioned performance, now a call for calm....
I thought SJP had $AUD18.6B in FUM invested in Magellan. It is reported as $AUD23.3B of outflow.
December FUM is expected to be around the $AUD93.1B (current end of November FUM was $AUD116.4113B - $AUD23.3B), plus or minus performance and AUD/USD exchange rate.
Saying that they can recover after knowing that performance has been sub-par for more than one year, why haven't they turned the ship around already?
Best of Luck
Lost
Ann: St James's Place Mandate, page-164
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Last
$9.10 |
Change
-0.170(1.83%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $9.29 | $9.29 | $9.10 | $5.326M | 582.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 27171 | $9.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.13 | 304 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |