Growth in FUM roughly approximated the rise in the overall market, so it seems net inflows were not that great for the quarter. Short term negative. Longer term, they should continue adding subs - only a couple need to be winners to pay off big time.
The main drag atm seems to be IM. They have not done their homework on the secular bull market in commodities - and are consequently underweight resource stocks - which is a drag on their investment performance, and the level of funds inflow.
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Last
$10.50 |
Change
0.100(0.96%) |
Mkt cap ! $541.5M | |||
| Open | High | Low | Value | Volume |
| $10.42 | $10.57 | $10.42 | $830.3K | 79.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 998 | $10.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.51 | 19 | 2 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| PAC (ASX) Chart |