It's always the same.
March 2020 - every manager "the market is going lower - we are sitting on the sidelines".
Mid 2020 - every manager when describing the same period - "we were buying aggressively".
Except for Magellan of course - they truly did stay on the sidelines...
It's all BS.
I see absolutely no value in listening to any manager engaged in their own self fulfilling prophecy.
They want to sell - they try to convince the world it's the best investment out there.
They want to buy - the stock is overpriced garbage.
It's truly a game of opposites.
‘We made so much money’: Investor banks $15m from shorting Magellan, page-5
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Last
$10.56 |
Change
-0.130(1.22%) |
Mkt cap ! $1.816B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.56 | $10.34 | $5.971M | 569.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1609 | $10.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.57 | 1481 | 4 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MFG (ASX) Chart |