MFG 0.83% $8.36 magellan financial group limited

Ann: Funds Under Management Update, page-104

  1. 509 Posts.
    lightbulb Created with Sketch. 173
    your trade lost it had zero todo with fum that’s mfg problem
    your problem is to buy and sell and correct moment .

    the short was on down to 13 not 21
    div plays little todo with a blue chip that’s turned violent on news .

    85 percent of retail loose be much higher on hc
    look at some of these posts .

    value at zero they say ....... you want to trade around that thinking
    or stand with those who do , it’s not going to be pretty .
    they spend all day on stock they don’t own for a reason .
    no play money they become the table of knowledge at every local in Sydney.

    there has to be a reason to short or go long
    not because some post says it’s zero so short it to zero
    that’s zero thought process .

    find the value long or short make the trade
    sometimes you hedge .

    it’s not rocket science .

    the advantage you have over hedge fund is they hold large volume so it takes days to weeks to Finnish a trade
    get in the middle of that and ride the wave

    this has been the easiest money in 2022
    bad news short , got to point of 15 percent div and 10 percent buyback of company. It’s black white what’s not obvious here !




 
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.