MFG magellan financial group limited

‘If you had bought all the way down, you'd be sitting on nearly...

  1. 845 Posts.
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    ‘If you had bought all the way down, you'd be sitting on nearly 40% profits, plus dividends now’

    Mate - you must have an interesting interpretation of ‘buying all the way down’ because this stock peaked at $74 in Feb 2020.

    If you bought all the way down you’d have been buying plenty of $40 and $50 and $60 parcels through 2020 and 2021.

    Even $16 and $18 parcels in 2022 are well under water.


    ….and even most 2023 and 2024 parcels aren’t much better than square.

    Dividends make a small difference

    I’m sorry but if you ‘bought all the way down’ on this stock you’ve been slaughtered.

    ps I was compelled to comply because I partly lived it!

 
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(20min delay)
Last
$10.69
Change
0.150(1.42%)
Mkt cap ! $1.838B
Open High Low Value Volume
$10.55 $10.88 $10.43 $8.379M 783.0K

Buyers (Bids)

No. Vol. Price($)
4 3749 $10.68
 

Sellers (Offers)

Price($) Vol. No.
$10.76 13194 5
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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