MFG magellan financial group limited
Add to My Watchlist 0.27% ! $10.88

Ann: Bonus Issue of Options to Shareholders, page-6

  1. Pretzel7
    364 Posts.
    lightbulb Created with Sketch. 56
    clock Created with Sketch.
    31/03/22
    11:01
    Post #: 60543164
    Means you have the option to purchase a share at $35. In short, it means they are worthless unless the share price starts trading over $35.

    If people were to start exercising their options (wouldn't happen unless the share price was above $35) then it would be.

    DR Cash at bank
    CR Share capital

    Increasing shares on issue.

    Pretz
    MFG Price at posting: $16.13 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & Investment Opportunities in Australia & North America
right-arrow Created with Sketch.
NEWS Firetail scoops up untested land around Excelsior – including juicy mineralisation target
right-arrow Created with Sketch.
NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
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
(20min delay)
Last
$10.88 		Change
-0.030(0.27%) 		Mkt cap ! $1.871B
Open High Low Value Volume
$10.80 $10.93 $10.73 $6.560M 604.3K

Buyers (Bids)

No. Vol. Price($)
2 1770 $10.86
 

Sellers (Offers)

Price($) Vol. No.
$10.93 1238 2
View Market Depth
Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.