You're reading it very wrong - it is not "12% of revenue and 6% of profit" (that is actually illogical in a business like this). Refer my earlier post where I clarify that it is (as per the wording in the announcement):
12% impact on a full years revenue (not earnings), and
6% impact on current years revenue (not earnings) due to zero impact on the first half to 12/21.
Impact on earnings will be amplified beyond 12%pa if they can't strip out a lot of costs.
Ann: St James's Place Mandate, page-27
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.42 |
Change
-0.010(0.10%) |
Mkt cap ! $1.863B | |||
| Open | High | Low | Value | Volume |
| $10.46 | $10.58 | $10.42 | $5.472M | 522.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 304 | $10.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.45 | 1727 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |