MFG is the next PTM, and I'm ok with that
Their fund has fully reached what it could, their allocation to China/Tech will constrain them.
Hamish and co have made a last ditch throw with Barrenjoey, if it works it's voila $50, but if not, i expect this to be range bound 20-40 for a long time, especially with pressure to drop management fees reigning large on all fund managers with the rise in passive "investing" (not really investing but you know what i mean).
It will wander up and down but return to the same point.
Good thing is it's still a good trading share, buy low, sell high, if you can figure when each hits ofcourse.
MFG is the next PTM, and I'm ok with thatTheir fund has fully...
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Last
$8.44 |
Change
-0.060(0.71%) |
Mkt cap ! $1.454B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $5.037M | 595.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.45 | 4641 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |