and there you have it, if that’s how you place a valuation on a stock your in trouble.It’s about market sentiment on the performance of this fund manager and the constant outflows.The maths is bit the simple 120 bill to a $70 stock price and 45 bill to $9.What do you think will happen if the FUM DROPS to below 40 in the near term.There will be a run on funds ,people fearful of their managed funds disappearing.Currently MFG is a dumb bet.But you worth millions with 100 k swings within minutes of your portfolio running during the day.
and there you have it, if that’s how you place a valuation on a...
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Last
$8.41 |
Change
-0.030(0.36%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $8.38 | $8.46 | $8.34 | $4.327M | 514.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1191 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.42 | 1974 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |