MFG is naturally a volatile stock, nothing out of the ordinary. Just greater uncertainty at the moment. My long term view is still positive on this. Great management, and new initiatives in the pipeline (retirement, low cost ETFs etc.)
I mean I've experienced 50% drawdowns and 100% rises in this stock over the course of a few months, so volatility is expected, the price to pay for higher expected returns.
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MFG
magellan financial group limited
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0.59%
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$8.49

Still an interesting fund manager, page-42
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Last
$8.49 |
Change
0.050(0.59%) |
Mkt cap ! $1.461B |
Open | High | Low | Value | Volume |
$8.38 | $8.53 | $8.35 | $3.847M | 454.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2137 | $8.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.50 | 6847 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2137 | 8.430 |
1 | 2137 | 8.420 |
1 | 2137 | 8.410 |
1 | 2137 | 8.390 |
2 | 911 | 8.380 |
Price($) | Vol. | No. |
---|---|---|
8.500 | 6847 | 4 |
8.510 | 2137 | 1 |
8.520 | 2137 | 1 |
8.530 | 2899 | 2 |
8.540 | 2137 | 1 |
Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
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