MFG magellan financial group limited

AJC,you say.Also the free float is very small in mfg so you...

  1. 9,966 Posts.
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    AJC,

    you say.

    Also the free float is very small in mfg so you would have to get one of the cornerstones bailing to see significant sell side pressure. I can't imagine they will.

    i have watched the buy/sell ration for MFG VERY VERY closely over the last week (cause i got half my portfolio in it & am very happy and scared at the same time) and i have never seen a billion dollar market cap company with a sell side so small, day after day, if an insto dumps, i'm in big trouble, but i can't see that happening.

    p.s. you ask if there is a better investment than US markets, yep, an Australian company that invests in US markets, guess which one?
 
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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
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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