MFG magellan financial group limited

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

  1. 7,045 Posts.
    lightbulb Created with Sketch. 649
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.41
Change
0.000(0.00%)
Mkt cap ! $1.453B
Open High Low Value Volume
$8.40 $8.44 $8.28 $4.656M 555.6K

Buyers (Bids)

No. Vol. Price($)
1 1611 $8.39
 

Sellers (Offers)

Price($) Vol. No.
$8.42 10000 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.