MFG magellan financial group limited

@CbrMaroon your comment was the prime reason most retail...

  1. 1,711 Posts.
    lightbulb Created with Sketch. 264
    @CbrMaroon your comment was the prime reason most retail investors 'lose money' even if the SP finished slight up today this is a 'bad' ANN until FUM stops declining the SP will continue to tank the fundamentals of any fund manager is the more funds under management the better the fundamentals month to month are getting worse and worse for MFG.

    i'd suggest and this isnt financial advice any1 who is holding on to MFG at this point is 'gambling' not investing there is no investment case for this fund manager anymore until FUM starts to go up or at 'very least' stop going backwards.

    you are 'hoping' beyond logic the fund turns it around
    Last edited by Pastry1: 06/09/22
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$10.61
Change
0.065(0.62%)
Mkt cap ! $1.822B
Open High Low Value Volume
$10.55 $10.64 $10.43 $1.046M 99.36K

Buyers (Bids)

No. Vol. Price($)
7 609 $10.60
 

Sellers (Offers)

Price($) Vol. No.
$10.61 254 3
View Market Depth
Last trade - 10.47am 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.