It ran from $1.90 to $2.70 while fund returns were negative yet was stuck under $1.90 for ages while fund returns were positive so that logic doesn't always hold.
Over the long term FID's profit is a function of FUM, which is up solidly on a 12 month basis and only 3.5% off its all time high reached in Dec (ironically the time the share price was at it's highest). So I care about FUM and relative performance as long as we're not stuck in a multi year bear
In the super industry where there is money that needs investing week after week, the funds with relative outperformance will attract inflows
It ran from $1.90 to $2.70 while fund returns were negative yet...
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Last
$7.45 |
Change
-0.150(1.97%) |
Mkt cap ! $234.5M | |||
| Open | High | Low | Value | Volume |
| $7.56 | $7.65 | $7.41 | $21.33K | 2.822K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $7.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.65 | 1877 | 1 |
View Market Depth
| Last trade - 15.54pm 05/07/2024 (20 minute delay) ? |
| FID (ASX) Chart |