MFG magellan financial group limited

There is a saying that past performance shouldn't be relied on -...

  1. 9,614 Posts.
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    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.
 
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(20min delay)
Last
$10.83
Change
0.290(2.75%)
Mkt cap ! $1.842B
Open High Low Value Volume
$10.55 $10.83 $10.43 $3.026M 284.5K

Buyers (Bids)

No. Vol. Price($)
9 6216 $10.82
 

Sellers (Offers)

Price($) Vol. No.
$10.83 1503 10
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Last trade - 14.32pm 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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