MFG 0.83% $8.36 magellan financial group limited

I love the chutzpah but I'd never grind someone on the wrong...

  1. 310 Posts.
    lightbulb Created with Sketch. 25
    PTM is a class act, MFG is toxic waste.

    The issue with any takeover would be the price, PTM management are polite when asked about MFG but it looks like the product of a bull market.
    I love the chutzpah but I'd never grind someone on the wrong side of a trade or an investment because of all the times I get it wrong, because it just sucks for them so I sympathise and because the market violently punishes hubris like shorting something when it's in the hole.

    Which isn't to say it's not a short but I'd look for the bulls to be on top of the heap and skiting like hell before pressing a short like this.
    Last edited by BobDean: 19/10/23
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$8.36
Change
-0.070(0.83%)
Mkt cap ! $1.511B
Open High Low Value Volume
$8.44 $8.44 $8.24 $12.59M 1.510M

Buyers (Bids)

No. Vol. Price($)
2 8816 $8.35
 

Sellers (Offers)

Price($) Vol. No.
$8.36 1686 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.