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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MFG
magellan financial group limited
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$8.38

Sure we all get that And it's trading 100% on sentiment at the...
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Last
$8.38 |
Change
-0.030(0.36%) |
Mkt cap ! $1.446B |
Open | High | Low | Value | Volume |
$8.40 | $8.40 | $8.28 | $1.658M | 198.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 885 | $8.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.38 | 3230 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1088 | 8.370 |
23 | 2956 | 8.360 |
14 | 2250 | 8.350 |
13 | 3705 | 8.340 |
9 | 4492 | 8.330 |
Price($) | Vol. | No. |
---|---|---|
8.380 | 2812 | 18 |
8.390 | 2543 | 12 |
8.400 | 7976 | 15 |
8.410 | 6406 | 11 |
8.420 | 6715 | 10 |
Last trade - 12.17pm 18/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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