MHH magellan high conviction trust
Add to My Watchlist 0.00% ! $1.78

Ann: Daily share buy-back notice, page-5

  1. ac_AgenCy
    451 Posts.
    lightbulb Created with Sketch. 7
    clock Created with Sketch.
    22/06/20
    22:56
    Post #: 45379662
    Precisely. Effectively, the trust uses its cash to buy back it's own units at a discount to NAV, thus earning an immediate return for all holders. Lucky we are with Magellan and they care about their customers! Some other fund managers on the other hand...
    MHH Price at posting: $1.41 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
right-arrow Created with Sketch.
NEWS Infini remobilising at Portland Creek after geo specialists line up 12 'priority' targets
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
NEWS Harness the power of Australia’s leading investor community
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.