MFG magellan financial group limited

Ann: Funds Under Management - October 2022, page-66

  1. 1,619 Posts.
    lightbulb Created with Sketch. 189
    I am at a loss about yr posting lost - so can I be so bold as to ask what do you care? You say you don't hold.
    I am down significantly 62% with paper loses now into the 10's of thousands - I am sure there are many many other long term holders who bought in at even higher prices than me (with even larger losses)
    My point is everyone has a crystal ball and are experts with the benefit of hindsight (we get it that MFG have invested heavily in world growth - but there are some mighty fine companies in that portfolio)
    It's very easy to be a critique as a non holder - so what precisely do you gain from rubbing salt in some of shareholders wounds?
    If investing in this current market was easy - we would all be multi millionaires right?
    Yep it's stupid easy.. So so easy - what do we do? just sit on cash and watch the socialists flush the value down the toilet?
    That what you suggest ? All sell out now and miss any massive turn that might come overnight?
    I'm not saying it will.. but what do you suggest we all do to grow our wealth?
    Give it to some other manchancer fund manager to lose even more?
    Sit on our cashed up hands for the rest of the decade waiting for the dollar to go to zero and the poverty that awaits?
    Just curious?
    NA/IMO
    Last edited by asxunsullied: 04/11/22
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(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
View Market Depth
Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.