I hope I'm not swaying anyone this way or that. Perhaps it was your brains and not greed that got to you AgentC.
HHL went to a market cap of $400m and generated a $20m profit in its peak year. MFG has a market cap of over $1b and I'm expecting a profit of ~$25m this FY.
Food for thought: The funds industry saw about $77b of inflows in January. Most of that went to ETFs (ishares, powershares, SPDRs, etc), The Oz funds only saw a fraction of that. In January, the XAO gained gained some $400b of paper value, when investors want to realize these gains, where will the money come from?
High inflow months typically conincide with market tops.
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MFG
magellan financial group limited
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3.13%
!
$10.54

I hope I'm not swaying anyone this way or that. Perhaps it was...
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Last
$10.54 |
Change
-0.340(3.13%) |
Mkt cap ! $1.812B |
Open | High | Low | Value | Volume |
$10.80 | $10.84 | $10.44 | $9.556M | 901.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $10.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.56 | 250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 10.500 |
1 | 1000 | 10.470 |
1 | 1000 | 10.450 |
1 | 4359 | 10.440 |
3 | 3489 | 10.430 |
Price($) | Vol. | No. |
---|---|---|
10.560 | 250 | 1 |
10.580 | 200 | 1 |
10.690 | 118 | 1 |
10.750 | 3000 | 1 |
10.760 | 93 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |