End of the day, MFG has significant key man risk. The market want's this removed. The market would much rather invest in wealth companies with excellent distribution capabilities, multiple product offerings etc.
The game as changed and the market will not be paying the multplies it paid in the past, except for maybe some micro listed fund managers.
MFG in the BUY zone, page-1226
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 (20min delay)
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Last
$8.62 |
Change
0.070(0.82%) |
Mkt cap ! $1.558B | |||
| Open | High | Low | Value | Volume |
| $8.65 | $8.68 | $8.58 | $3.654M | 423.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 860 | $8.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 5927 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$8.60 |
Change
0.070 ( 0.69 %) |
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| Open | High | Low | Volume | ||
| $8.64 | $8.68 | $8.58 | 74011 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| MFG (ASX) Chart |