Hi @pete11
The next FUM announcement will definitely be a fall, question is by how much. Business can't stem losses of $20+B per month without drastic business change in a month - buyback alone won't cut it.
Magellan board should also be cutting Management Fees to incur the same loss as buyback ($180M). This is the only path to freeze FUM losses.
Best of Luck
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Last
$9.87 |
Change
0.020(0.20%) |
Mkt cap ! $1.771B |
Open | High | Low | Value | Volume |
$9.81 | $9.96 | $9.74 | $1.882M | 190.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 108 | $9.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.87 | 179 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 640 | 9.850 |
6 | 1183 | 9.840 |
13 | 3505 | 9.830 |
9 | 10374 | 9.820 |
6 | 1878 | 9.810 |
Price($) | Vol. | No. |
---|---|---|
9.860 | 291 | 8 |
9.870 | 1479 | 11 |
9.880 | 1413 | 8 |
9.890 | 2458 | 8 |
9.900 | 5637 | 8 |
Last trade - 11.41am 30/07/2024 (20 minute delay) ? |
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