MFG magellan financial group limited

please tell me where i'm wrong

  1. 9,966 Posts.
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    please tell me where i'm wrong because i genuinely want to know.

    in the month of June, the dow jones index lost 200 points.

    in the first week of July MFG posted their FUM for June and they increased by a lazy Billion and a bit and the share price rocketted.

    for the month of July (barring any shocks tonight) the dow jones is UP over 600 points and on track for it's best month since October 2011

    in the first week of August MFG will post their FUM for July. taking into account that it should be at least June plus whatever the DJ rose, plus the fact that statements for the previous 12 months would have been posted, people would have reviewed their statements and had smiles on their dials.......

    is there any reason why FUM and consequently the share price shouldn't rise next week?
 
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(20min delay)
Last
$8.49
Change
0.000(0.00%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.50 $8.67 $8.48 $3.088M 361.0K

Buyers (Bids)

No. Vol. Price($)
1 1950 $8.48
 

Sellers (Offers)

Price($) Vol. No.
$8.59 5048 2
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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