I think we need to start factoring the performance of Barrenjoey to the MFG SP. I just added the deals Barrenjoey is involved and my estimate is around $75B now. They are involved in various form in this deals some on buyers side and some on sellers side. I don’t know when this deals will be completed, but over next 2 years the fee income will be massive. Definitely it is start to contribute positively.
MFG Price at posting:
$39.26 Sentiment: Buy Disclosure: Held
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