MFG magellan financial group limited

Well good luck - that is a great idea in general - but this...

  1. 11,622 Posts.
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    Well good luck - that is a great idea in general - but this isn't really a cyclical sector IMO - you might look at other fund managers that have fallen out of favour. Unless they have an edge in this sector they are doomed. MFG prices like a T-14 Armata, but performs like a T62, and even worse hasn't protected their reputation IMO, unlike most declining fund managers.

    The options might be a lower risk play at some stage if you think somehow MFG can be revitalised.
    Last edited by CaptainBarnacles: 06/06/22
 
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(20min delay)
Last
$10.80
Change
0.255(2.42%)
Mkt cap ! $1.842B
Open High Low Value Volume
$10.55 $10.80 $10.43 $2.856M 268.8K

Buyers (Bids)

No. Vol. Price($)
20 1922 $10.79
 

Sellers (Offers)

Price($) Vol. No.
$10.80 1704 8
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Last trade - 14.25pm 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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