magellan is the bitcoin of funds management. gone from $22 at the start of the year to a whopping $60. i get that FUM has increased substantially, but FUM peers globally are trading at around 15-20 trailing earnings. MFG is trading on..wait for it..49 times earnings, despite being much smaller than global peers.
as its like bitcoin in characteristics, fundamentals and valuation are just noise.
magellan is the bitcoin of funds management. gone from $22 at...
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Last
$8.42 |
Change
-0.140(1.64%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.53 | $8.34 | $4.998M | 594.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2816 | $8.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.43 | 162 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |