MFG magellan financial group limited

MFG in the BUY zone, page-934

  1. 97 Posts.
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    Can anyone (other than Sansh) please provide some reasoning as to why there is such a big difference in SP compared to NAV for MGF? SP $1.72 NAV $2.06 - a 19% difference. I understand why they don't trade at the same value but 19% is surely a joke? Daily share buy backs by the company. Don't know if I've ever seen a gap this big before. Dividend likely to be declared 1 January.
    Similar thing was happening with MHH a few months ago (not as big a difference though - more like 8%-10%) which is now MHHT.
 
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(20min delay)
Last
$8.44
Change
-0.060(0.71%)
Mkt cap ! $1.454B
Open High Low Value Volume
$8.54 $8.54 $8.39 $5.037M 595.8K

Buyers (Bids)

No. Vol. Price($)
1 500 $8.39
 

Sellers (Offers)

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