Hi Not sure if this has been posted before, found it on "the bull" website from late Jan. Also interested to know if anyone has any thoughts on the last three days trading with all the small transactions that are followed up by some massive buys?
Cheers
Rob Hopkins, Managing director, Smallco Investment Manager
Magellan Financial Group (MFG): An early-stage funds management business run by highly respected management, MFG has boosted its funds under management (FUM) by 60 percent to $2.17 billion in the last six months. Hopkins sees MFG as a three year play based on management?s track-record to date. But if the fund growth continues at current levels, he says a 12 month target of $2.50 is achievable. Currently trading at $1.75, market cap $260 million.
MFG Price at posting:
$1.29 Sentiment: Buy Disclosure: Held
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