MFG 0.70% $9.89 magellan financial group limited

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

  1. 7,110 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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Last
$9.89
Change
-0.070(0.70%)
Mkt cap ! $1.787B
Open High Low Value Volume
$10.00 $10.04 $9.84 $6.831M 689.7K

Buyers (Bids)

No. Vol. Price($)
1 60 $9.83
 

Sellers (Offers)

Price($) Vol. No.
$9.98 15 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$9.90
  Change
-0.070 ( 0.25 %)
Open High Low Volume
$10.02 $10.02 $9.84 94628
Last updated 15.59pm 29/03/2024 ?
MFG (ASX) Chart
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