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
$8.42 |
Change
-0.080(0.94%) |
Mkt cap ! $1.447B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $4.008M | 473.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18553 | $9.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.58 | 792 | 1 |
View Market Depth
| Last trade - 15.59pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |