FID 1.17% $7.59 fiducian group limited

Again, I don't disagree that this is an immensely serious...

  1. 71 Posts.
    lightbulb Created with Sketch. 69
    Again, I don't disagree that this is an immensely serious situation, that millions are suffering and that in time, millions will most probably die.

    However, I don't agree with what all this means for the future of FID or for stocks generally. You say printing money will push stocks higher, and that is certainly true. And higher stock prices means higher fees for FID as the funds under management, administration and advice also grow.

    You talk about inflation. This remark is hard to take seriously - I feel you're just spouting negativity because it fits your end-of-days worldview. Central banks have been cutting rates and printing money pretty steadily for a decade now in what might be described as a desperate attempt to create some inflation.

    Again, yes, the disaster of the century, but again, no, not the end of all investments, fiat currency, or indeed in all probability, Fiducian Group.
 
watchlist Created with Sketch. Add FID (ASX) to my watchlist
(20min delay)
Last
$7.59
Change
-0.090(1.17%)
Mkt cap ! $238.9M
Open High Low Value Volume
$7.57 $7.81 $7.50 $77.05K 10.04K

Buyers (Bids)

No. Vol. Price($)
1 900 $7.57
 

Sellers (Offers)

Price($) Vol. No.
$7.77 36 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
$7.74
  Change
-0.090 ( 1.31 %)
Open High Low Volume
$7.54 $7.80 $7.54 11541
Last updated 15.59pm 14/06/2024 ?
FID (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.