MFG magellan financial group limited

Met flows ok for the month but currency providing solid...

  1. 3,890 Posts.
    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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(20min delay)
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
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Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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