Hi All
Interesting article available on The Age or SMH website. Key sell point made by Tribeca was that Magellan share price has further to fall due to the loss of trust of investors and the outflow of FUM can't be stopped immediately, it will take years to rebuild. What are others thoughts on whether Magellan can stem outflows and performance decline in the next FUM release in a couple of weeks.
Best of Luck
Lost
‘We made so much money’: Investor banks $15m from shorting Magellan
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Last
$8.29 |
Change
-0.140(1.66%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $8.39 | $8.41 | $8.23 | $6.513M | 782.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6599 | $8.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.29 | 3152 | 2 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$8.29 |
Change
-0.140 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| $8.39 | $8.41 | $8.23 | 126454 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| MFG (ASX) Chart |