MFG magellan financial group limited

this is a truely great comment aceboy.I would take your comment...

  1. 8,084 Posts.
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    this is a truely great comment aceboy.

    I would take your comment to the next step and say before I buy because the share price is dropping and looks like “value” what does the market know that I don’t.

    That “value buy” could easily turn into a “value trap” once all the information that the collective market knows comes out.

    Investing is not just about a return on my capital, it’s also a return of my capital. Buying a share because it’s dropping and looks “cheap” can often lead to a risk of return of my capital, especially when the overall market is not crashing
 
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(20min delay)
Last
$8.09
Change
-0.320(3.80%)
Mkt cap ! $1.396B
Open High Low Value Volume
$8.33 $8.55 $7.98 $13.93M 1.715M

Buyers (Bids)

No. Vol. Price($)
1 1000 $8.07
 

Sellers (Offers)

Price($) Vol. No.
$8.10 1141 2
View Market Depth
Last trade - 16.14pm 23/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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