MFG
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0.24% $8.50 magellan financial group limited

u dont get basic math do you?! 50bn (if they can hold it) @1%...

  1. mickeebee
    3,672 Posts.
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    09/11/22
    11:47
    Post #: 64668354
    u dont get basic math do you?!

    50bn (if they can hold it) @1% gets you $500m revenue. MFG DOESNT EARN 1% NET IN FEES....your $300m in profits will be the REVENUE NUMBER....NOT THE PROFIT!!

    keep holding - good luck
    MFG Price at posting: $9.53 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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