I force myself to keep 15-20% in cash at all times. It’s been a little frustrating sticking to this over the past 12 months when this 15-20% could have so obviously been put to better use.
But I do it for my mental health so that in times like these I don’t get despondent about the red ink all over my portfolio .....I actually get a bit ‘up and about’ at the prospect of going shopping.....and the ‘out of favour’ MFG is well and truly on my shopping list.
I say this because MFG is already oversold/undervalued and now it’s going to get taken down further by the market with some indiscriminate and disproportionate selling .....perfect.
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- MFG in the BUY zone
MFG
magellan financial group limited
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1.30%
!
$8.60

I force myself to keep 15-20% in cash at all times. It’s been a...
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Last
$8.60 |
Change
0.110(1.30%) |
Mkt cap ! $1.479B |
Open | High | Low | Value | Volume |
$8.50 | $8.67 | $8.48 | $1.485M | 173.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1724 | $8.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.60 | 882 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 2171 | 8.600 |
17 | 3443 | 8.590 |
13 | 2440 | 8.580 |
12 | 10581 | 8.570 |
8 | 3313 | 8.560 |
Price($) | Vol. | No. |
---|---|---|
8.610 | 2749 | 22 |
8.620 | 3035 | 15 |
8.630 | 3712 | 12 |
8.640 | 7254 | 16 |
8.650 | 13291 | 13 |
Last trade - 14.04pm 27/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online