Completely different businesses and drivers, while I also believe MFG is likely considerably undervalued at these levels, markets will not have the required certainty underpinning reasonable valuation until Funds Under Management have stabilised following the recent orgy of negative headlines.
Undervalued - likely yes, comparison with BHP nonsense...
Expect a sight last dip next week (driven by predatory short selling), followed by a decent rally as we head into commencement of MFG Buy Back from Mon 4th April. Should easily tip scales back in bulls favour.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
View Market Depth
| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |