MFG 3.22% $9.62 magellan financial group limited

What reason is there for the FUM to stabilise?MFG value was...

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  1. 969 Posts.
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    What reason is there for the FUM to stabilise?

    MFG value was built on good results which gave confidence. Then results turned and fell as did confidence and value.

    All the top execs have quit/sold out - another hit to confidence.

    Hiring another team of analysts because the original team failed doesn’t build confidence at all.

    I took a serious hit by selling MFG but I’m glad I did it, I don’t have to believe in magic anymore.



 
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