MFG 1.87% $8.71 magellan financial group limited

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

  1. 7,187 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
$8.71
Change
0.160(1.87%)
Mkt cap ! $1.574B
Open High Low Value Volume
$8.63 $8.76 $8.61 $3.119M 358.5K

Buyers (Bids)

No. Vol. Price($)
5 5680 $8.70
 

Sellers (Offers)

Price($) Vol. No.
$8.72 2295 2
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
$8.71
  Change
0.160 ( 2.11 %)
Open High Low Volume
$8.65 $8.76 $8.62 102031
Last updated 15.59pm 10/05/2024 ?
MFG (ASX) Chart
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