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1.64% $8.42 magellan financial group limited

Why would they do a buyback if there was no value?To try to pump...

  1. keith200
    2,382 Posts.
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    06/09/22
    09:54
    Post #: 63536446
    Why would they do a buyback if there was no value?

    To try to pump the SP (and meet STI, LTI goals)

    their fund performance show that they are not good judges of "value"
    MFG Price at posting: $12.44 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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