I doubt even Geoff Wilson can capture the discount in MGF.
MGF has been trading at a discount since it restructured Nov 2020. Discount has been increasing over time; this despite capital management measures with buybacks (which have been extended): Last 12 months -10.29%, Last 6 months -12.04%, Last 3 Months -13.95%.
It may take several periods of outperformance before the gap narrows.
Disclosure. I'm a former holder of both stocks.
Stokes, Grounds liken returning co-founder Chris Mackay to Warren Buffett.” AFR, page-20
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
View Market Depth
| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |