I currently have another obsession consuming every dollar I want to commit to the market at this time. No money left for MFG at present, despite a clean exit above $10.40 in the last couple of weeks.
My current play is subject to a CR that made the retail market po*p itself for the last week. On market offer is 16% below the fully underwritten rights price. No they are my kind of odds.
I expect we will all get lots of chances to add to MFG over the next 3 months under $10 even below $9, which is my lowest buy price to buy so far.
That's the great thing about a stock that is on the nose, there are lots of opportunities to buy dare I say "cheap". Until the one day when something unexpected happens, and it is no longer cheap.
GLTASH
BTW, I am a huge U3O8 owner, uranium69. IMO you/we should stay glued in that space. Not expecting a 1000% - 2000% repeat of the naughties from current levels, but certainly many multi bags from the re-start stocks that I am sure you are acquainted with.
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MFG
magellan financial group limited
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3.93%
!
$10.31

Valuation still looks convincing, page-31
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Last
$10.31 |
Change
0.390(3.93%) |
Mkt cap ! $1.773B |
Open | High | Low | Value | Volume |
$9.98 | $10.46 | $9.91 | $15.18M | 1.475M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20504 | $10.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.38 | 600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 10.200 |
1 | 300 | 10.010 |
1 | 1000 | 10.000 |
1 | 125 | 9.990 |
1 | 99 | 9.980 |
Price($) | Vol. | No. |
---|---|---|
10.380 | 600 | 1 |
10.390 | 3163 | 1 |
10.400 | 7059 | 1 |
10.410 | 2226 | 2 |
10.420 | 5511 | 1 |
Last trade - 16.20pm 23/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |