MFG 0.92% $9.85 magellan financial group limited

Ann: Funds Under Management Update, page-102

  1. 420 Posts.
    lightbulb Created with Sketch. 34
    I'm out, my patience was wearing thin with this one and the market does not like what it is seeing.

    After my favourite broker downgraded again, I took another look and decided to stand on the sidelines until the business is able to stabilise the outflows and get some runs on the board.

    Have I done the wrong thing, maybe, but at least the bleeding has stopped for now.

    Good luck to all holders.
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.