MFG magellan financial group limited

It's called economics not politics. If I own the only restaurant...

  1. 831 Posts.
    lightbulb Created with Sketch. 26
    It's called economics not politics.

    If I own the only restaurant in a small town and it is half full I will not invest in another restaurant nor will I employee anyone else. If tax rates reduce I will still not build another restaurant nor will I employ anyone else because it is only half full. If demand for my service increases in the restaurant and it is now full I will build another restaurant and employ more staff to meet the increase in demand.

    Demand drives investment. Investment does not drive demand. You learn this in your first year at uni.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.58
Change
0.090(1.06%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.50 $8.67 $8.48 $480.0K 56.00K

Buyers (Bids)

No. Vol. Price($)
8 343 $8.57
 

Sellers (Offers)

Price($) Vol. No.
$8.58 333 4
View Market Depth
Last trade - 10.31am 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.