It’s possible I guess. FUM would obviously need to increase a lot, maybe by organic growth and by acquisitions. It might help if they lowered their dividend payout ratio and reinvested profits, like an ethical Berkshire Hathaway or something. But Australian stocks are always pushed by investors chasing a dividend (and who sometimes it seems also spontaneously expect significant capital growth). I think AEF is still definitely in a growth phase rather than an income/maintain stance so I’m happy for them to lower the payout ratio to reinvest profits. A nice idea anyway!
Tc
It’s possible I guess. FUM would obviously need to increase a...
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Last
$4.35 |
Change
-0.130(2.90%) |
Mkt cap ! $490.6M | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.49 | $4.32 | $862.2K | 197.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 638 | $4.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 638 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$4.36 |
Change
-0.130 ( 2.24 %) |
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| Open | High | Low | Volume | ||
| $4.44 | $4.44 | $4.32 | 30210 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| AEF (ASX) Chart |