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
$10.80 |
Change
0.310(2.96%) |
Mkt cap ! $563.7M |
Open | High | Low | Value | Volume |
$10.67 | $10.80 | $10.44 | $765.2K | 71.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $10.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.80 | 5606 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 10.510 |
2 | 12706 | 10.500 |
1 | 1000 | 10.310 |
2 | 1650 | 10.200 |
5 | 1450 | 10.100 |
Price($) | Vol. | No. |
---|---|---|
10.800 | 4275 | 2 |
10.950 | 5 | 1 |
10.980 | 25996 | 1 |
10.990 | 284 | 1 |
11.000 | 10200 | 2 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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