MFG 0.51% $9.76 magellan financial group limited

Ann: Funds Under Management Update, page-77

  1. 10,349 Posts.
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    do you guys seriously think if FUM continues to drop MFG will be $10 by the end of the year? FUM is down to what $77 Billion right?
    if it drops to say $50 billion and stays there for a while and MFG is around $15 will it still be good value especially if the divvy stays the same, because they didnt mention any cut to the divvy because of the dropping FUM did they?
 
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