maybe you need to read some of the chats on MHH and MGF... performance seems to be an issue of late.
not saying the negativity is justified, but it appears holders of MFG appear to be ignoring the poor performance of late.
Before you say it, I know all managers go through periods of under performance.
However, when you are investing in a funds management business - short term underperformance impacts the share price.
News: MFG Magellan Financial Total FUM As At 31 May A$109,934 Mln, page-3
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Last
$8.42 |
Change
-0.140(1.64%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.53 | $8.34 | $4.998M | 594.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2816 | $8.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.43 | 162 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |