MFG 4.74% $9.50 magellan financial group limited

Best time to do a buy-back is after you have got all the bad...

  1. 767 Posts.
    lightbulb Created with Sketch. 85
    Best time to do a buy-back is after you have got all the bad news out into the Market.

    Also, I think with Hamish gone, that will free up the investing team to make any hard decisions re portfolio changes.

    MFG certainly deserved a share price shellacking, but true to form the Market has probably overcompensated to the down side.
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$9.50
Change
0.430(4.74%)
Mkt cap ! $1.717B
Open High Low Value Volume
$9.04 $9.58 $9.04 $13.81M 1.462M

Buyers (Bids)

No. Vol. Price($)
1 2387 $9.50
 

Sellers (Offers)

Price($) Vol. No.
$9.51 1694 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.