MFG magellan financial group limited

Ha ha..good strategy the way things are going at the moment but...

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    Ha ha..good strategy the way things are going at the moment but imo that can / will change suddenly when the market factors in the rate hikes and bounces back with a vengeance. 40% Shorters will have to cover their backside very quickly.
    mfg has been so badly smashed ( n the 'experts: in today's Livewire tell you to sell cos they can't value it now) that imo its crazy to sell at 48% loss. Ive got a sneaking feeling the fellow in charge will pull a rabbit out of the hat eventually. I'm just going to sit on it and wait for the next six months. Might even top up at this low sp.
 
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(20min delay)
Last
$8.33
Change
-0.080(0.95%)
Mkt cap ! $1.438B
Open High Low Value Volume
$8.40 $8.52 $8.31 $4.691M 559.2K

Buyers (Bids)

No. Vol. Price($)
4 36561 $8.30
 

Sellers (Offers)

Price($) Vol. No.
$8.35 119 1
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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