MFG 2.07% $9.12 magellan financial group limited

Ann: Funds Under Management - September 2022, page-26

  1. 670 Posts.
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    And these guys laughed at me for being a downramper after they bought at $12 and popped champagne after a dead cat's bounce to $15.

    This is one of the most unprecedented incinerations of wealth I have ever seen in my nearly 20 years of investing in markets.

    I feel sorry for the wives and children of the people who invested in this company as they probably don't know how much money their significant other/parent has lost in this pit of doom.

    I'm expecting $5 next - this is going the way of Platinum. It will plateau at a level when all the "smart money" has left the room with only a few billion being left in the Magellan pot by disinterested investors who don't understand what alpha and underperformance means.
    Last edited by SaltyInvestor: 06/10/22
 
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Last
$9.12
Change
0.185(2.07%)
Mkt cap ! $1.640B
Open High Low Value Volume
$9.10 $9.15 $9.01 $2.556M 280.9K

Buyers (Bids)

No. Vol. Price($)
10 2295 $9.11
 

Sellers (Offers)

Price($) Vol. No.
$9.12 1769 14
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Last trade - 14.14pm 12/09/2024 (20 minute delay) ?
MFG (ASX) Chart
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