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clock Created with Sketch. 05/09/22
14:20
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Originally posted by HotOilers:
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Interesting presentation. Raises the same questions. FUM Graph excludes WAM changes - that’s the point. Main points I got were - last year was good we can’t be expected to do that again, WAM sale leaves a hole in future earnings, acknowledge that Euroz need to grow FUM and diversified revenue streams but don’t have a plan they can announce just yet. On the up side 80m being returned to investors - but still don’t know how that will be done. Thinking buy back - unless the 47% of director/staff holders want new cars this year. Then we may get something different.
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Looks like some investors are not prepared to wait for the next update regarding the capital initiatives!
(20min delay)