MFG magellan financial group limited

Sure we all get that And it's trading 100% on sentiment at the...

  1. 1,619 Posts.
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    Sure we all get that
    And it's trading 100% on sentiment at the moment (we all get that to)
    The point I am making it there is a negative feedback loop going on here..
    They have to report monthly FUM (now we have been informed),> it's down, so other fundmangers can fulfil their downward short positions (which puts further downward pressure on the SP), > so retail investors take a look at the SP, so they ? withdraw their funds?, > next month, MFG has to report on that new (lower) FUM and on and on it goes until it spirals down the vortex..
    Would it be not logical, that that might stop...surely?... if other fund managers were banned from shorting the stock?
    I mean it surely wouldn't do any harm preventing them from doing so? (if they had a conflict of interest ie they were also in the fund management industry)?
 
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(20min delay)
Last
$8.41
Change
0.000(0.00%)
Mkt cap ! $1.453B
Open High Low Value Volume
$8.40 $8.44 $8.28 $4.656M 555.6K

Buyers (Bids)

No. Vol. Price($)
1 1611 $8.39
 

Sellers (Offers)

Price($) Vol. No.
$8.42 10000 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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