MFG magellan financial group limited
Add to My Watchlist 0.82% ! $8.56

MFG in the BUY zone, page-271

  1. Moonshine66
    829 Posts.
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    06/10/21
    16:51
    Post #: 56610055
    I was expecting the FUM update to initiate another belting....the market is overreacting to everything when it comes to MFG at the moment. Seriously oversold - have bought another parcel (as well as some MGF) just before the close.

    No guarantee it won’t drop lower of course but, with a long time horizon, I was happy to commit.

    One factor that gives me confidence is the serious amount of skin Hamish has in MFG. At 30 June 2021 he had 22.2 million shares (worth $1.2b then ....$780m now - wow) I can’t see any records of him offloading any since June 30......so I trust that he’ll be doing everything in his powers to arrest this share price slide.
    MFG Price at posting: $32.52 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$8.56 		Change
0.070(0.82%) 		Mkt cap ! $1.472B
Open High Low Value Volume
$8.50 $8.65 $8.38 $6.275M 734.1K

Buyers (Bids)

No. Vol. Price($)
1 131 $8.56
 

Sellers (Offers)

Price($) Vol. No.
$8.58 30 1
View Market Depth
Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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