We can now tally up FY23.
Retail outflows = $5.6bn (average retail margin I estimate at 1.22% = $68.32m annualised of lost revenue)
Institutional outflows = $19.5bn (average Insto margin I estimate at 0.33% = $64.35m annualised of lost revenue).
The full year tally of reduction in revenue ($132m) basically equates to their annual operating costs (approx $128m). Will be interesting if we see a cost-out plan being announced with the FY23 financial results.
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MFG
magellan financial group limited
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$8.42

We can now tally up FY23.Retail outflows = $5.6bn (average...
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Last
$8.42 |
Change
-0.020(0.24%) |
Mkt cap ! $1.456B |
Open | High | Low | Value | Volume |
$8.38 | $8.46 | $8.34 | $3.462M | 411.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 2228 | $8.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.42 | 1217 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 1507 | 8.410 |
8 | 2422 | 8.400 |
12 | 4259 | 8.390 |
10 | 9504 | 8.380 |
13 | 5559 | 8.370 |
Price($) | Vol. | No. |
---|---|---|
8.420 | 2830 | 27 |
8.430 | 7016 | 10 |
8.440 | 5348 | 10 |
8.450 | 10992 | 12 |
8.460 | 6641 | 10 |
Last trade - 15.58pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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