MFG 0.63% $9.49 magellan financial group limited

Signifiant Drop in Performace Fees from $42 M to $5M

  1. 123 Posts.
    lightbulb Created with Sketch. 1
    Are MFG"s good days behind them, was a little concerned with the latest FUM results for June and with the reduction in Performance Fess, SP began falling well before yesterday's announcement (interesting). Interested in others views if this is a trend and whether the increase sales force and new building cost were pre-mature and will Earnings Suffer?
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$9.49
Change
-0.060(0.63%)
Mkt cap ! $1.715B
Open High Low Value Volume
$9.63 $9.70 $9.41 $5.620M 590.8K

Buyers (Bids)

No. Vol. Price($)
1 870 $9.46
 

Sellers (Offers)

Price($) Vol. No.
$9.49 2823 2
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.