You got it - and yet there are investors here who think that high interest rates are to blame for Magellan's demise. It has NOTHING to do with it - Magellan's job is to outperform in any market cycle. That is why it charges the fees it does. When you can't deliver on that performance - or when your sausage McMuffin tastes worse and is costlier than Maccas - why would people do business with you?
Too many people here don't seem to get that.
Ann: Funds Under Management - October 2023, page-3
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Last
$10.88 |
Change
-0.030(0.27%) |
Mkt cap ! $1.871B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.93 | $10.73 | $6.560M | 604.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1770 | $10.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.93 | 1238 | 2 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |