based on? fundamentals or just chart? was historically propped up via BB, special divs, and dodgy acct (unwind of options). Now the ca$h kitty is almost empty....
$15....in what decade?? may as well buy some of those $35 options and hope
id be extracting net client flows over the last 3 years if I were you. Its the ONLY measure of where this one is heading as that alone is the true compass of how asset managers are performing - clients vote with their $$$$ and here at MFG, it doesnt look good - zero signs of FUM flow stability.
[tip: its been negative each and every month, from massive client mandates pulled early on when FUM >$100bn to the steady -$200m (retail) to -$600m a month in both retail and insto FUM outflows. FUM is <1/3 of what it used to be and still in outflow each and every month from a client flow point of view]
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MFG
magellan financial group limited
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0.24%
!
$8.39

based on? fundamentals or just chart? was historically propped...
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Last
$8.39 |
Change
-0.020(0.24%) |
Mkt cap ! $1.450B |
Open | High | Low | Value | Volume |
$8.40 | $8.52 | $8.37 | $2.353M | 279.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 5323 | $8.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.39 | 1424 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 371 | 8.390 |
23 | 7593 | 8.380 |
14 | 3475 | 8.370 |
8 | 2769 | 8.360 |
9 | 5662 | 8.350 |
Price($) | Vol. | No. |
---|---|---|
8.400 | 15139 | 13 |
8.410 | 3246 | 15 |
8.420 | 16463 | 18 |
8.430 | 7131 | 10 |
8.440 | 3072 | 9 |
Last trade - 12.22pm 19/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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