The value of perpetual shares has been consistently dropping. I'm trying to understand the reasons behind this decline. Is it due to
market conditions, company performance, or other external factors? Why are these shares falling?
6
answers
lucas_jackson_pilot
Mon Apr 07 2025
Additional news has emerged regarding the performance of Perpetual shares.
Carolina
Mon Apr 07 2025
The fund manager recently announced a significant decline in its first-half net profit.
SumoStrength
Mon Apr 07 2025
Specifically, the net profit fell by a staggering 65% during this period.
Federico
Sun Apr 06 2025
This drop was primarily attributed to a substantial impairment on the fund manager's asset management business.
ShintoMystery
Sun Apr 06 2025
Furthermore, one-off costs also contributed to the decline in the bottom line.