MFG is a conservative investor and a fiduciary of other peoples money.
Baby boomers not only understand this, they want this.
$20 seems cheap for the ecosystem Magellan have created - Barrenjoey, financial adviser network, access to US/China markets etc...
Above is not financial advice and my opinion only.
Ann: Video update from Chief Investment Officer and Chairman, page-4
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Last
$9.29 |
Change
0.110(1.20%) |
Mkt cap ! $1.669B | |||
| Open | High | Low | Value | Volume |
| $9.25 | $9.34 | $9.21 | $5.378M | 578.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2349 | $9.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.32 | 1250 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |