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
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Last
$8.42 |
Change
-0.140(1.64%) |
Mkt cap ! $1.521B |
Open | High | Low | Value | Volume |
$8.52 | $8.53 | $8.34 | $4.998M | 594.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2816 | $8.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.43 | 162 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1100 | 8.400 |
2 | 1768 | 8.390 |
1 | 240 | 8.380 |
1 | 20000 | 8.370 |
3 | 4815 | 8.300 |
Price($) | Vol. | No. |
---|---|---|
8.450 | 1800 | 1 |
8.470 | 1000 | 1 |
8.550 | 1400 | 1 |
8.560 | 4063 | 3 |
8.570 | 745 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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