MFG 1.30% $8.56 magellan financial group limited

Ann: Funds Under Management - September 2022, page-52

  1. 3,652 Posts.
    lightbulb Created with Sketch. 1073
    how this didnt drop -15-20% today is beyond me. pdl copped a larger daily decline with only a $4bn loss in a QUARTER (not MONTH) during the June sell off period (when the whole sector lost $$).

    so much lost in 1 month its bewildering....-17% FUM lost (client + mkt net of FX) and SP only retreats -8% down? no way this was partially priced in....!

    ~$7-$8 FV max. plenty of downside to come....

    bunker down, this will get even uglier than for Russian's on the wrong side of their border!
    https://hotcopper.com.au/data/attachments/4732/4732950-e6a4a6b59aecd6f5cfe8f315bf1516f7.jpg





 
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