Forget fundamentals for the moment it's a growth stock. Also it's a fixed cost base so any additional back office wins are immediately accretive.
They will grow by a minimum 10% per annum but most of their client funds grow by more than that so you are potentially looking at a business that grows by 20% without doing very much.
Go back and read my initial comments on this one. All still very relevant. I love it.
Forget fundamentals for the moment it's a growth stock. Also...
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Last
$9.49 |
Change
-0.060(0.63%) |
Mkt cap ! $1.715B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.70 | $9.41 | $5.620M | 590.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 870 | $9.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.49 | 2823 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |