MFG magellan financial group limited

As expected, the haemorrhage continues. Saving grace is the buy...

  1. 4,344 Posts.
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    As expected, the haemorrhage continues. Saving grace is the buy back, without them manipulating this, it'd be $10 at best.

    scary numbers. $2.5bn lost in July, $1.3bn lost in aug, $3.8bn of CLIENT FUNDS PULLED in TWO MONTHS!! Negative equity mkts only compounds the issue (leading to further client redemptions)!
    It'll be under $50bn fum by Dec and cash depleted due to buy back, why should this have a mkt cap of $2.3bn carrying ~$50bn of fum??
 
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(20min delay)
Last
$10.71
Change
0.165(1.57%)
Mkt cap ! $1.835B
Open High Low Value Volume
$10.55 $10.72 $10.43 $2.348M 221.5K

Buyers (Bids)

No. Vol. Price($)
9 462 $10.70
 

Sellers (Offers)

Price($) Vol. No.
$10.71 1613 12
View Market Depth
Last trade - 13.21pm 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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