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
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Last
$9.86 |
Change
0.010(0.10%) |
Mkt cap ! $1.771B |
Open | High | Low | Value | Volume |
$9.81 | $9.96 | $9.74 | $1.850M | 187.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 640 | $9.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.86 | 374 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 246 | 9.890 |
12 | 1670 | 9.880 |
10 | 1433 | 9.870 |
10 | 2793 | 9.860 |
9 | 3896 | 9.850 |
Price($) | Vol. | No. |
---|---|---|
9.900 | 805 | 17 |
9.910 | 1410 | 15 |
9.920 | 1533 | 4 |
9.930 | 4137 | 11 |
9.940 | 2174 | 7 |
Last trade - 11.37am 30/07/2024 (20 minute delay) ? |
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