Hi Muscat
For earnings received technically being capped, what do you mean? I thought we would participate in the growth of fees correlated to 5% ownership, with an expectation GQG management would retain some earnings.
While earnings are nice I get excited about the underlying value of GQG, given it is half the FUM MFG has and MFG market cap hit $10B recently, surely the whole GQG business should be worth about $5B.
PAC owns 5%, therefore ownership value is approximately $250M, which means it is equivalent to PACs current market cap. The rest of the businesses are free.
Note, back of the envelope calculations only.
Best of Luck
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Last
$10.66 |
Change
-0.050(0.47%) |
Mkt cap ! $556.4M |
Open | High | Low | Value | Volume |
$10.76 | $10.83 | $10.60 | $1.033M | 96.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | $10.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.85 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 10.650 |
1 | 1000 | 10.620 |
1 | 2500 | 10.600 |
1 | 13 | 10.590 |
1 | 956 | 10.530 |
Price($) | Vol. | No. |
---|---|---|
10.900 | 5000 | 1 |
11.200 | 1000 | 1 |
11.300 | 1000 | 1 |
11.480 | 1000 | 1 |
11.500 | 2144 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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