MFG magellan financial group limited

Performance fees a bonus and should never be multiplied for...

  1. 309 Posts.
    Performance fees a bonus and should never be multiplied for future periods. I was expecting none this half so 5mio (3c a share odd) is better than expected.

    Company doesn't look to outperform month over month or half over half. People calling for a demise are short sighted. Look at the flows from retail alone... 200m plus average the last 4 months.
    I also suspect the stock is targeted by short sellers on the back of the sell off in btt and hgg. Unfairly I might add.
    There is probably some selling due to new financial year as people take profit from previously periods but who had been waiting for a new tax year.

    42 to 40bn is mainly due to fall in Aud.

    BUY
 
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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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