MFG magellan financial group limited
Add to My Watchlist 0.96% ! $8.41

Undervalued & technically oversold, page-169

  1. lost
    3,139 Posts.
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    24/12/21
    17:20
    Post #: 58511455
    Hi @asxunsullied

    Your guess is as good as mine. The shorts started growing in March 2021 when St James Place placed Magellan on Amber due to performance (ref: https://www.copyright link/companies/financial-services/magellan-financial-loses-its-biggest-mandate-20211217-p59ij6), segment of paragraph here:
    https://hotcopper.com.au/data/attachments/3923/3923770-8ed298d8e10aefaeeb797f258847c916.jpg
    Not sure why most shorts wouldn't have closed out on Monday, they grew. Surely there couldn't be any worse news coming out.

    Best of Luck
    Lost
    MFG Price at posting: $21.21 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$8.41 		Change
0.080(0.96%) 		Mkt cap ! $1.452B
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
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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