Agree it's super cheap but feels like a value trap. Dividend cut till FY25, highly exposed to markets which are going down, net inflows are poor in a market where alternatives should be doing well, growth through minority non-controlling interests (which always deserves a discount), far too complicated structuring (via deferred consideration, convertibles etc), trades A$ yet reports US$ (and share price down even with A$ crashing!)
Management that think they are the smartest guys in the room, yet share price says otherwise. Suggest some introspection. Sigh.
Agree it's super cheap but feels like a value trap. Dividend cut...
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $967.5M | |||
| Open | High | Low | Value | Volume |
| $1.91 | $2.03 | $1.91 | $918.8K | 461.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28261 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 230134 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NGI (ASX) Chart |