MFG magellan financial group limited

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

  1. 845 Posts.
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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
$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
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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