MFG magellan financial group limited

FY18/19 results thread, page-10

  1. 807 Posts.
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    I can see why you might consider MFG's valuation is lofty, but I can't understand how you can value Bitcoin so as to even make a comparison. As far as I can see owning a Bitcoin does not carry with it an underlying right to share in a business or its profits. It is more akin to holding a bar of gold where you hold it purely in the belief that the next person will want to pay more than you have for it. I would love to know how you do value Bitcoin and have assessed it to now be good buying, since I am unable to work out how you go about valuing it.
 
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(20min delay)
Last
$8.49
Change
0.050(0.59%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.38 $8.53 $8.35 $3.847M 454.4K

Buyers (Bids)

No. Vol. Price($)
1 2137 $8.43
 

Sellers (Offers)

Price($) Vol. No.
$8.50 6847 4
View Market Depth
Last trade - 16.15pm 26/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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