MFG magellan financial group limited

na dude, theyve almost bought them all back....good ol take a...

  1. 4,308 Posts.
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    na dude, theyve almost bought them all back....

    good ol take a hit when P&L was strong (2021) then buy them back ~3-4years later and unwind the P&L hit you took when times were good....

    creative (deferring) gains to when needed most.....

    not much left to unwind either, until they pull another creative rabbit to save the P&L....

    mfg will ONLY be at play IF the FUM (esp RETAIL FUM) haemorrhage stops. If not.....buyer beware.

    should drop -30c+ tomorrow....was it worth the partially franked div (further cash splash - $53m wasted)?? rolleyes.png
 
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(20min delay)
Last
$8.44
Change
-0.040(0.47%)
Mkt cap ! $1.459B
Open High Low Value Volume
$8.34 $8.47 $8.34 $5.690M 676.1K

Buyers (Bids)

No. Vol. Price($)
1 1591 $8.41
 

Sellers (Offers)

Price($) Vol. No.
$8.47 310 1
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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