Performance fees a bonus and should never be multiplied for future periods. I was expecting none this half so 5mio (3c a share odd) is better than expected.
Company doesn't look to outperform month over month or half over half. People calling for a demise are short sighted. Look at the flows from retail alone... 200m plus average the last 4 months.
I also suspect the stock is targeted by short sellers on the back of the sell off in btt and hgg. Unfairly I might add.
There is probably some selling due to new financial year as people take profit from previously periods but who had been waiting for a new tax year.
42 to 40bn is mainly due to fall in Aud.
BUY
- Forums
- ASX - By Stock
- MFG
- Signifiant Drop in Performace Fees from $42 M to $5M
Signifiant Drop in Performace Fees from $42 M to $5M, page-4
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MFG (ASX) to my watchlist
|
|||||
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. |
---|---|---|
$9.49 | 2823 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1527 | 9.450 |
1 | 1486 | 9.440 |
2 | 2486 | 9.430 |
2 | 6168 | 9.420 |
2 | 3445 | 9.410 |
Price($) | Vol. | No. |
---|---|---|
9.500 | 9619 | 1 |
9.520 | 4013 | 4 |
9.530 | 1486 | 1 |
9.540 | 6486 | 2 |
9.550 | 1486 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |