“Management is sensitive to the recent decline in the share price and impact on employee shareholders and is exploring other structures and retention strategies to alleviate this issue and ensure key staff remain incentivised and retained.”
so there is now risk of the investment team departures. staff costs will be going up, or there will be some dilution from equity issuance to staff. loss of revenue from st james mandate loss and now increase in costs.
MFG Price at posting:
$20.96 Sentiment: None Disclosure: Not Held
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