MFG magellan financial group limited

Ann: Launch of Magellan FuturePay, page-29

  1. 118 Posts.
    lightbulb Created with Sketch. 45
    Assuming the following:
    -That all transactions for FPAY are buyers (as selling wouldn't make sense as you give up your cash buffer) for the last two months
    -Purchases are all at the market low price for the day

    This assumes that there has been approximately $4.5m in purchases for the last two months. This equates to around $45,000 in FUM. Not insane but this is theoretically sticky FUM and raised at an assumed low cost (adviser network and word of mouth)

    Just interesting to keep an eye on.
 
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(20min delay)
Last
$8.44
Change
-0.060(0.71%)
Mkt cap ! $1.447B
Open High Low Value Volume
$8.54 $8.54 $8.39 $5.037M 595.8K

Buyers (Bids)

No. Vol. Price($)
1 5221 $8.44
 

Sellers (Offers)

Price($) Vol. No.
$8.45 4641 2
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Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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