I bought in at $31 to the tune of 15% of portfolio. I really want you to be right re the drop but it's not just the 12% hit it's the potential exodus by other mandates and the reality that performance fees will need to drop and can't return until atleast a years outperformance. Also the sense that more skullduggery is going on behind the scenes.
It's been an eye opener for sure buying a fund management stock with little real intrinsic value.
Here I thought I was buying a blue chip... I could have had a gentler ride from a penny dreadful! Nevertheless Ima white knuckle this b/+ch for 5 years. Too stubborn to sell in the SP doldrums.
I bought in at $31 to the tune of 15% of portfolio. I really...
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Last
$8.41 |
Change
0.080(0.96%) |
Mkt cap ! $1.451B | |||
| Open | High | Low | Value | Volume |
| $8.31 | $8.41 | $8.20 | $12.67M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5667 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.41 | 15509 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |