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
$8.58 |
Change
0.090(1.06%) |
Mkt cap ! $1.471B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.59 | $8.38 | $2.495M | 293.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 2271 | $8.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.58 | 2641 | 8 |
View Market Depth
| Last trade - 14.16pm 30/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |