Considering the fact a Biden Presidency is going to be a phenomenal thing for China, and Magellan have decent exposure to Asia and in particular Chinese companies, things for MFG could work out well indeed.
The elephant in the room is America now. What is going to happen to their economy, and to Wall st. under full Democrat control and after Trumpnomics? If America either dips, stagnates, or crashes that will likely hit a company like MFG in a big way, but no company would be immune.
So I think on a macro level MFG is at an interest time. If both the USA and China do we'll all be laughing.
Ann: Magellan Global Fund Partnership Offer Opens, page-32
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Last
$9.31 |
Change
0.210(2.31%) |
Mkt cap ! $1.682B | |||
| Open | High | Low | Value | Volume |
| $9.31 | $9.41 | $9.23 | $4.492M | 481.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1861 | $9.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.33 | 741 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |