MFG magellan financial group limited

Just be clear on the reasons why you are buying or selling a...

  1. 5,583 Posts.
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    Just be clear on the reasons why you are buying or selling a stake in the company. That way you won't regret your trading decisions, and won't constantly be feeling like an idiot like our friend the Rabbit when you see a little bit of red and be feeling like an Adonis every time you see a little bit of green on the portfolio.

    My opinion:

    Short term - share price stretched/overvalued, a lot of funds in MFG to boost their performance numbers, when the share price stalls, they'll be out the back door.

    Long term - Awesome. They're moving along nicely... Personally I'd pick a price point I'm comfortable with and then buy when it reaches that level. Although the growth rates are excellent on MFG, things turn around very quickly in the funds business, just ask the guys that SJP dumped in preference for Magellan.

 
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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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