Hey ASXU: I feel your pain here. As much as I have dumped on MFG, I’m a bagholder too of a company with deteriorating fundamentals (I’m down close to 50% on ATUS lol)
Regarding your Peter Lynch quote: I think that applies only is the fundamentals of the company aren’t deteriorating. IMO, MFG’s reputation is permanently impaired, so I don’t foresee any great recovery even if the funds outflow is stemmed. Funds mgmt is a rep business: once you screw that up, I think you’re finished
At this point, I view my ATUS bag holding as a tax loss, and OFC can’t give you advice, but if I had an average price of $25 on MFG I would probably be thinking the same way
GLTAH
Hey ASXU: I feel your pain here. As much as I have dumped on...
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.53 |
Change
0.020(0.21%) |
Mkt cap ! $1.711B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.72 | $9.44 | $3.064M | 320.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1383 | $9.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.54 | 2684 | 25 |
View Market Depth
| Last trade - 12.51pm 11/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |