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0.10% $9.86 magellan financial group limited

MFG@$10, page-39

  1. lost
    2,867 Posts.
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    18/03/22
    20:00
    Post #: 60285599
    Hi @pete11
    The next FUM announcement will definitely be a fall, question is by how much. Business can't stem losses of $20+B per month without drastic business change in a month - buyback alone won't cut it.
    Magellan board should also be cutting Management Fees to incur the same loss as buyback ($180M). This is the only path to freeze FUM losses.
    Best of Luck
    Lost
    MFG Price at posting: $15.74 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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