Just as a point of reference Senitent has US2.3 billion under management. For comparison they hold about A$80m of Senex which is <10% of SXY MC and that equates to approx. 3.5% of Senitent total funds. So the MMC A$10m is <0.5% of Senitent's cookie jar. The holding in SXY comes with a spot on the board for one of the Senitent partners.
Sentient have backed MMC as a speckie with quite limited exposure which makes sense looking at the client base they service. They have a very highly credentialed investment team that made that choice. Despite the quantum invested, they choose MMC from the worldwide range of speckies on offer which provides some good guidance.
I agree it's good to focus on some postives pending DFS.
Ken
Just as a point of reference Senitent has US2.3 billion under...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
94.5¢ |
Change
-0.055(5.50%) |
Mkt cap ! $108.5M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.04 | 94.0¢ | $2.213M | 2.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2841 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 10842 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| ASL (ASX) Chart |