Hey kimbo consider this before you start calling people lucky and dumb:
Black swan has held since $2.00 and collected close to 100% of his outlay in fully franked dividends throughout his holding period. Whats more he has ridden the stock for a 10 fold increase and is yet to pay any tax on his gain. And if he does decide to take some profit he gets a 50% discount because he's held if for over a year.
You on the other hand trade in imbecilic intervals and then get buried by capital gains tax at your full marginal tax rate (that's assuming you manage to get in and out with a profit).
Who's the dummy here?
- Forums
- ASX - By Stock
- Short covering in MFG coming?
MFG
magellan financial group limited
Add to My Watchlist
0.00%
!
$8.49

Hey kimbo consider this before you start calling people lucky...
Featured News
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.
|
|||||
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. |
---|---|---|
$8.59 | 5048 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10603 | 8.300 |
1 | 1175 | 8.200 |
1 | 1124 | 8.150 |
1 | 1242 | 8.050 |
3 | 4000 | 8.000 |
Price($) | Vol. | No. |
---|---|---|
8.590 | 3098 | 1 |
8.630 | 1000 | 1 |
8.650 | 3409 | 2 |
8.690 | 5000 | 2 |
8.700 | 3026 | 4 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |
The Watchlist
PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online