MFG 0.61% $8.19 magellan financial group limited

Ann: Appendix 4D and 2024 Interim Results, page-18

  1. 3,656 Posts.
    lightbulb Created with Sketch. 1073
    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
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$8.19
Change
0.050(0.61%)
Mkt cap ! $1.480B
Open High Low Value Volume
$8.12 $8.19 $7.99 $5.601M 691.6K

Buyers (Bids)

No. Vol. Price($)
1 709 $8.19
 

Sellers (Offers)

Price($) Vol. No.
$8.21 4682 2
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
$8.18
  Change
0.050 ( 0.22 %)
Open High Low Volume
$8.14 $8.18 $8.00 101926
Last updated 15.59pm 14/06/2024 ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.