pretty lacklustre... look at MFF and the investments they hold.
People are more excited about the $800m in funds business they got last Q. $800m by the way represents about 3 cents per share in revenue (fee income charged on funds) and about 1.5 cents per share on profit to MFG. Hardly anything to crow about, but people have become euphoric with the fund inflow... without realising that if MFG keep making YUM type investments (profit downgrade during the week) that those funds will be flowing out as fast as they've come in.
does anyone have latest news on magellan, page-2
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Last
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
View Market Depth
| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |