MFG magellan financial group limited

does anyone have latest news on magellan, page-37

  1. 5,583 Posts.
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    I hope I'm not swaying anyone this way or that. Perhaps it was your brains and not greed that got to you AgentC.

    HHL went to a market cap of $400m and generated a $20m profit in its peak year. MFG has a market cap of over $1b and I'm expecting a profit of ~$25m this FY.

    Food for thought: The funds industry saw about $77b of inflows in January. Most of that went to ETFs (ishares, powershares, SPDRs, etc), The Oz funds only saw a fraction of that. In January, the XAO gained gained some $400b of paper value, when investors want to realize these gains, where will the money come from?
    High inflow months typically conincide with market tops.



 
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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
View Market Depth
Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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