MFG magellan financial group limited

Ann: Funds Under Management - August 2022, page-25

  1. 4,343 Posts.
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    As expected, the haemorrhage continues. Saving grace is the buy back, without them manipulating this, it'd be $10 at best.

    scary numbers. $2.5bn lost in July, $1.3bn lost in aug, $3.8bn of CLIENT FUNDS PULLED in TWO MONTHS!! Negative equity mkts only compounds the issue (leading to further client redemptions)!
    It'll be under $50bn fum by Dec and cash depleted due to buy back, why should this have a mkt cap of $2.3bn carrying ~$50bn of fum??
 
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(20min delay)
Last
$10.43
Change
-0.040(0.38%)
Mkt cap ! $1.793B
Open High Low Value Volume
$10.39 $10.47 $10.30 $6.392M 615.3K

Buyers (Bids)

No. Vol. Price($)
1 96 $10.40
 

Sellers (Offers)

Price($) Vol. No.
$10.43 22131 1
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Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
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