Well sure - I well understand it's been a great growth story and it makes money.. it is why I invested in the first place..
It's been about the timing of the investment into MFG (for me) that is the issue
The issue is not that the business is profitable
The issue is how it continues to grow from here and what is the underlying valuation of the business (if there is any?) and what can the BOD do to turn the current poor market sentiment around
Like I keep saying, everyone is a genius (with the benefit of hindsight) ...buying very early (on the way up) and dumping very early at near on 50 bucks
Geniuses
The lot of them
Cheers
NA
Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-75
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Last
$10.50 |
Change
0.100(0.96%) |
Mkt cap ! $1.863B | |||
| Open | High | Low | Value | Volume |
| $10.40 | $10.53 | $10.40 | $1.595M | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1134 | $10.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.51 | 1002 | 18 |
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| Last trade - 13.27pm 12/11/2024 (20 minute delay) ? |
| MFG (ASX) Chart |