MFG 1.20% $9.29 magellan financial group limited

MFG in the BUY zone, page-379

  1. 1,519 Posts.
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    100% agree
    But this is not the issue that could explain any slide in the SP..
    There is no doubt about the impeccable nature of MFG and it's fund management team..
    I 100% agree...
    But if that's the case, why is the SP sliding?
    Other than the 6 Oct. FUM release I know of no news released to explain it..
    That being the case I would rather sit it out as I don't have access to the inner workings of the fund management "industry"
    And I don't pertain to any false misconception that I know better how to value a fund management business, than a bunch of fundmangers who might be shareholders of this stock..
    And I certainly don't have any potential access to ?other "info" they may or may not be party too..
    (see my post above)
    NA/IMO
    Last edited by asxunsullied: 11/10/21
 
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