No amount of walls can stop Magellan's underperformance. The only people who need walls are holders who are continuously brainwashed by management making misleading statements like "half our strategy is defensive" and picking COVID rockets at their high, like Netflix. That went well!
In fairness I agree with Cutty, sanity prevails. Magellan has no business or competence in selling beans and corn chips, but how they'll get out of the hole they've created is beyond me. How their strategies ride out the next few months will be interesting.
My money is on the index (literally).
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Last
$10.70 |
Change
-0.125(1.16%) |
Mkt cap ! $1.860B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.60 | $405.0K | 37.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 866 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.70 | 280 | 3 |
View Market Depth
| Last trade - 10.21am 08/08/2025 (20 minute delay) ? |
| MFG (ASX) Chart |