MFG 2.62% $10.40 magellan financial group limited

Ann: Final Results for the year ended 30 June 2023, page-40

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  1. 782 Posts.
    lightbulb Created with Sketch. 43
    I got 14x by being extremely generous on what they would earn over the next 12 months. IMO they are trading on closer to 18x to 20x the profit they will generate in 2024 FY.

    The past financial year is irrelevant to their future profit given the loss in FUM.
 
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Last
$10.40
Change
-0.280(2.62%)
Mkt cap ! $1.859B
Open High Low Value Volume
$10.60 $10.60 $10.37 $2.630M 251.8K

Buyers (Bids)

No. Vol. Price($)
1 1884 $10.39
 

Sellers (Offers)

Price($) Vol. No.
$10.40 34 1
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
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