Man - MFG sure got a whipping today.
The fact that the Magellan Global Fund (MGF) - the flagship fund and by far the biggest fund - was only down 1c seems like a major disconnect and makes little sense.
So this is just ongoing negative sentiment towards MFG and this won’t change until they post their next half year result - which I’m confident will surprise to the upside.
In the meantime excellent value in the low 30’s.
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Last
$8.49 |
Change
0.000(0.00%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.67 | $8.48 | $3.088M | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1950 | $8.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.59 | 5048 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |