MFG 1.07% $9.71 magellan financial group limited

Ann: Funds Under Management - November 2021, page-115

  1. 8,393 Posts.
    lightbulb Created with Sketch. 879
    There is a saying that past performance shouldn't be relied on - in this case it may just be a good thing. Perhaps a shakeout is warranted and perhaps it is a step in the 'right' direction. The underperformance you refer to will take some time to reverse - perhaps changing strategies will be implemented for the occurrence of such.

    In any event, hoping your dire prediction of falling below $20 does not bear fruit. If, as some here already indicated, under $30 is a bargain, under $20 would be garage sale territory. At that level if an annual divvie of $2 franked at 75% were to be paid it would be rather attractive - though wouldn't like sp fall that far.
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$9.71
Change
-0.105(1.07%)
Mkt cap ! $1.755B
Open High Low Value Volume
$9.63 $9.77 $9.63 $1.061M 109.3K

Buyers (Bids)

No. Vol. Price($)
28 3169 $9.70
 

Sellers (Offers)

Price($) Vol. No.
$9.71 2874 37
View Market Depth
Last trade - 13.56pm 19/07/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.