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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3.13%
!
$10.54

I force myself to keep 15-20% in cash at all times. It’s been a...
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Last
$10.54 |
Change
-0.340(3.13%) |
Mkt cap ! $1.812B |
Open | High | Low | Value | Volume |
$10.80 | $10.84 | $10.44 | $9.556M | 901.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $10.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.56 | 250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 10.500 |
1 | 1000 | 10.470 |
1 | 1000 | 10.450 |
1 | 4359 | 10.440 |
3 | 3489 | 10.430 |
Price($) | Vol. | No. |
---|---|---|
10.560 | 250 | 1 |
10.580 | 200 | 1 |
10.690 | 118 | 1 |
10.750 | 3000 | 1 |
10.760 | 93 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |