Met flows ok for the month but currency providing solid headwinds for headline FUM number.
Need AUDUSD to stabilise plus a new mandate here would go a long way methinks.
It's going to be a tough ask to hit 30b year end if AUD keeps appreciating and there's no new contracts.
If only bloody Aussie's could keep a log on their exuberance for property the Reserve might have had more flexibility in their policy execution wrt to rates.
Realistically we're hoping for a kick along in inflation in States combined with a decline in commodity prices to keep currency from further north trajectory. Both not unrealistic medium term, but short term who knows?
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MFG
magellan financial group limited
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$10.69

Met flows ok for the month but currency providing solid...
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Last
$10.69 |
Change
0.150(1.42%) |
Mkt cap ! $1.838B |
Open | High | Low | Value | Volume |
$10.55 | $10.88 | $10.43 | $8.379M | 783.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3749 | $10.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.76 | 13194 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3749 | 10.680 |
1 | 1000 | 10.610 |
1 | 2500 | 10.500 |
1 | 6000 | 10.390 |
2 | 2343 | 10.290 |
Price($) | Vol. | No. |
---|---|---|
10.760 | 3967 | 4 |
10.770 | 161 | 4 |
10.790 | 1086 | 2 |
10.820 | 2017 | 1 |
10.880 | 727 | 2 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |