MFG magellan financial group limited

it lost more than DOUBLE that last month!!! -5% is a "slowing"...

  1. 4,343 Posts.
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    it lost more than DOUBLE that last month!!! -5% is a "slowing" of the nose bleed!

    @lost work on fund perf saved their bacon!!! - investment team sure did deliver on perf this month to stem the face value FUM figures, albeit assisted slightly with ~0.3bn FX benefit (again)....but the 2.4BN CLIENT EXIT IN 1 MONTH still proves the hemorrhage isnt over!!!

    as stated all along - $8 PT....and it has always headed that way!!

    now, for the traders - the purge will happen today/monday. watch the buy back impacts kick in and slowly grind the SP higher - taking it back to high $9.xx due to low liquidity, only to crash again for Nov FUM release.....this can be traded hard - its so predictable its almost funny

    ....hmmmmm
 
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(20min delay)
Last
$10.43
Change
-0.040(0.38%)
Mkt cap ! $1.793B
Open High Low Value Volume
$10.39 $10.47 $10.30 $6.392M 615.3K

Buyers (Bids)

No. Vol. Price($)
1 96 $10.40
 

Sellers (Offers)

Price($) Vol. No.
$10.43 22131 1
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Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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