A bit surprising to me, that on the face of bad news month after month, this one is still above $8.
I understand that the only ones buying are "day traders, MFG buy back and retail investors who ran a screen showing that historical dividends and todays price, will give them a 25% yield" (as mentioned by craftcheese above). Them buyers must be seeing something I fail to grasp.
I do not see a recovery in the short term in the short time for MFG, in these troubled times, unless they can really show great returns with their outstanding (and dwindling) FUMs...not an easy task
Being deep in the red, wondering if I should bail now or put it in the drawer
Ann: Funds Under Management - March 2023, page-30
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Last
$10.54 |
Change
-0.340(3.13%) |
Mkt cap ! $1.812B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.84 | $10.44 | $9.556M | 901.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $10.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.56 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |