yes agree with reasons given. Without accounting for fund inflows or outflows, My estimate for FUM is around A$114B, steep pull back. The rest of market too. However, for the qtr it is A$15B more than last year. As performance fees was hardly any last year EPS will be about 20cents higher than last year for the first half. I am quite confident over the performance over the other indexes. What I am looking for is the institutional fund withdrawal figures. As I mentioned before, MFG has been better than other Aussie and US indexes for last 3 or 6 months. Logically speaking there shouldn’t be any major withdrawal of funds, but worse things have happened. Let’s wait and see.
yes agree with reasons given. Without accounting for fund...
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Last
$8.42 |
Change
-0.140(1.64%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.53 | $8.34 | $4.998M | 594.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2816 | $8.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.43 | 162 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |