According to AFR on the 31 Aug article, FinClear looking for IPO within next 12 months at a price three times higher than what Hamish paid in December last year. MFG paid 20m for 20% of the company. It is matter of time these principal capital investments start showing results in the financial statements.
News: MFG Magellan Financial Says Total FUM A$117,955 Mln As At Aug 31, page-11
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Last
$9.94 |
Change
-0.320(3.12%) |
Mkt cap ! $1.796B | |||
| Open | High | Low | Value | Volume |
| $10.07 | $10.20 | $9.94 | $8.519M | 847.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4149 | $9.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.99 | 1848 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |