MFG magellan financial group limited

Ann: Final Results for the year ended 30 June 2023, page-25

  1. 4,335 Posts.
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    CASH - the lipstick on this PIG.

    temporary fix. 69c divi or ~7% yield for one dividend is the SOLE reason its where it is.

    MKT couldnt care less that the real final divi is 39.8c, everything else is a smokescreen (as predicted multiple times). Actual Final divi is a HUGE -42% drop on prior year, even larger -65% drop on the period before that....
    https://hotcopper.com.au/data/attachments/5518/5518788-97f0d45be2385194e9fe38a0f087cecf.jpg
    EX DATE= 23 AUGUST....temporary sugar high anyone?!!! lets see where the SP lands on the 24th August - u have 3 business days to enjoy this contrived sugar high....

    ps: They dont even give a column for FX in any analysis.....lump it into investment performance cause the FX impact outshines the REAL performance! joke!!
 
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(20min delay)
Last
$8.56
Change
0.070(0.82%)
Mkt cap ! $1.472B
Open High Low Value Volume
$8.50 $8.65 $8.38 $6.275M 734.1K

Buyers (Bids)

No. Vol. Price($)
1 131 $8.56
 

Sellers (Offers)

Price($) Vol. No.
$8.58 30 1
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Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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