It was clear from fund underperformance alone. You don't need to be in management at Macquarie or a financial journalist with connections across the industry to see that after 18 months of close to 20% underperformance against the index there is an extremely high risk of outflows and axing of investment mandates.
I wish I had acted sooner to simply move out entirely at around $45 where it was already very clear, but its easy to get overly attached or inclined to rationalise an investment.
It was clear from fund underperformance alone. You don't need to...
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Last
$8.76 |
Change
-0.070(0.79%) |
Mkt cap ! $1.583B | |||
| Open | High | Low | Value | Volume |
| $8.89 | $8.99 | $8.75 | $4.609M | 521.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2985 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.80 | 3934 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$8.76 |
Change
-0.070 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $8.88 | $9.00 | $8.74 | 52906 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| MFG (ASX) Chart |