You got it - and yet there are investors here who think that high interest rates are to blame for Magellan's demise. It has NOTHING to do with it - Magellan's job is to outperform in any market cycle. That is why it charges the fees it does. When you can't deliver on that performance - or when your sausage McMuffin tastes worse and is costlier than Maccas - why would people do business with you?
Too many people here don't seem to get that.
Ann: Funds Under Management - October 2023, page-3
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Last
$10.22 |
Change
0.300(3.02%) |
Mkt cap ! $1.847B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.28 | $9.96 | $8.693M | 853.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 151 | $10.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.25 | 19100 | 5 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |