MFG 2.78% $10.73 magellan financial group limited

Ann: Video update from Chief Investment Officer and Chairman, page-98

  1. 1,113 Posts.
    lightbulb Created with Sketch. 150
    recent article...

    “Management is sensitive to the recent decline in the share price and impact on employee shareholders and is exploring other structures and retention strategies to alleviate this issue and ensure key staff remain incentivised and retained.”

    so there is now risk of the investment team departures. staff costs will be going up, or there will be some dilution from equity issuance to staff. loss of revenue from st james mandate loss and now increase in costs.
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$10.73
Change
0.290(2.78%)
Mkt cap ! $1.939B
Open High Low Value Volume
$10.53 $10.96 $10.51 $17.49M 1.633M

Buyers (Bids)

No. Vol. Price($)
2 2000 $10.71
 

Sellers (Offers)

Price($) Vol. No.
$10.73 1667 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.