Expense/Revenue ratio is rapidly increasing (16.8% to 34.2%) as MFG are not cutting expenses as FUM decreases. MFG forecast similar expenses in 2023, so expect the dividend to halve again. Short weakness in SP is very likely.
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MFG
magellan financial group limited
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1.19%
!
$8.31

Expense/Revenue ratio is rapidly increasing (16.8% to 34.2%) as...
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Last
$8.31 |
Change
-0.100(1.19%) |
Mkt cap ! $1.437B |
Open | High | Low | Value | Volume |
$8.40 | $8.40 | $8.30 | $799.6K | 95.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1018 | $8.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.31 | 2935 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 2769 | 8.300 |
11 | 2060 | 8.290 |
9 | 3951 | 8.280 |
9 | 3407 | 8.270 |
10 | 7352 | 8.260 |
Price($) | Vol. | No. |
---|---|---|
8.310 | 3384 | 15 |
8.320 | 2083 | 9 |
8.330 | 2128 | 8 |
8.340 | 3620 | 12 |
8.350 | 3887 | 12 |
Last trade - 10.51am 18/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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