MFG magellan financial group limited

i cant believe peeps who dont even understand funds management...

  1. 4,343 Posts.
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    i cant believe peeps who dont even understand funds management and basic flow data invest in these sort of companies...no wonder they are long confused.png

    opening fum +- fund perf +- FX +- client inflow/outflow = closing fum

    why cant peeps comprehend this?? @lost already did most of the heavy lifting providing mkt and FX, the only unknown was 1/2billion in outflows!!!

    peeps are cheering half a billion, yes $500M exit in 1 MONTH?? eek.pngrolleyes.png REALLY.....how is that a good news story???? eek.png 60% of which was the HIGHER MARGIN RETAIL.....

    if you look carefully at the numbers, retail has barely moved in the month, so fund perf = fx+client outflow ie. retail performance wasnt good - what lifted the result was the insto (much lower margin) performance. This will lead to further retail declines....! your HIGHEST MARGIN earner....!

    rolleyes.png
 
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(20min delay)
Last
$10.43
Change
-0.040(0.38%)
Mkt cap ! $1.793B
Open High Low Value Volume
$10.39 $10.47 $10.30 $6.392M 615.3K

Buyers (Bids)

No. Vol. Price($)
1 96 $10.40
 

Sellers (Offers)

Price($) Vol. No.
$10.43 22131 1
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Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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