I used to hold this stock. Bought mid 40's sold at 1.40. Missed another 4 bagger since then.
Obviously a bit of sour grapes in this post, but Legume does make some good points on valuation.
The momentum is clearly with them, and this will last for a while yet, but people buying now are taking a big risk that this thing will keep delivering long into the future.
Personally, I wouldn't short it yet as you are fighting a trend, but at some point it could resemble the emperor with not many clothes on.
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MFG
magellan financial group limited
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0.38%
!
$10.43

I used to hold this stock. Bought mid 40's sold at 1.40. Missed...
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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. |
---|---|---|
$10.43 | 22131 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 96 | 10.400 |
2 | 2343 | 10.290 |
2 | 2000 | 10.260 |
2 | 175 | 10.200 |
1 | 2371 | 10.120 |
Price($) | Vol. | No. |
---|---|---|
10.430 | 22131 | 1 |
10.500 | 7052 | 4 |
10.530 | 2200 | 2 |
10.550 | 1322 | 4 |
10.560 | 189 | 2 |
Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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