MFG magellan financial group limited

I force myself to keep 15-20% in cash at all times. It’s been a...

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    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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(20min delay)
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
Last trade - 14.04pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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