MFG magellan financial group limited

GdayRe: ajc77 - I am totally unrelated.Re: stock - yep, I got in...

  1. 4,672 Posts.
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    Gday

    Re: ajc77 - I am totally unrelated.
    Re: stock - yep, I got in a long time ago...so long, in fact, I paid $2+ for my first parcel but bought stacks more when it was 40c - 50c - 80c in (i think) 2010. I sold a few in the high $3s merely to be sensible (after my GFC induced investment disasters), but I have held on to well over 50% of what I initially had.

    Depending on what the February dividend comes out at, I am reasonably certain I can stick with these and start focusing on the small dividend yield rather than worry about timing exit/re-entry strategies. They are very likely to pull off another deal like the $1.5b one they did last year. At some point, the share price is likely to have a pullback but with them winning so much new FUM, I don't know that any of us can predict what the price might be before the pullback comes.Much better to just sit tight and just focus on the macro global economic indicators for guidance.

    The MFF & MFFO "special dividend" is a nice new year present, too. :)
 
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(20min delay)
Last
$8.49
Change
0.000(0.00%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.50 $8.67 $8.48 $3.088M 361.0K

Buyers (Bids)

No. Vol. Price($)
1 1950 $8.48
 

Sellers (Offers)

Price($) Vol. No.
$8.59 5048 2
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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