MFG 2.78% $10.73 magellan financial group limited

Ann: Funds Under Management - November 2021, page-44

  1. 6,222 Posts.
    lightbulb Created with Sketch. 1762
    "Just mindless dumping of the stock...."

    Some would say that it is mindless buying of the stock as well. I have to admit that this is now the worst performing stock in my portfolio - and, by a long way!!
    I am not inclined to buy any more at these levels until we have a better understanding of how bad the current/ recent performance is. But, by some estimates, we could still see significant share price downside yet. The other thing is: if you are invested in some of their funds as well as the headline stock it provides for a very poor investment performance.
    One can only hope the market has overdone the selling.........
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$10.73
Change
0.290(2.78%)
Mkt cap ! $1.939B
Open High Low Value Volume
$10.53 $10.96 $10.51 $17.49M 1.633M

Buyers (Bids)

No. Vol. Price($)
2 2000 $10.71
 

Sellers (Offers)

Price($) Vol. No.
$10.73 1667 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.