MFG magellan financial group limited
Add to My Watchlist 0.24% ! $8.39

Correct, and that's why all fund managers try to lock down...

  1. cutty
    3,764 Posts.
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    11/01/23
    01:16
    Post #: 65626414
    Correct, and that's why all fund managers try to lock down capital in closed funds like LICs and LITs.

    Magellan tried to lock more capital up when it was dying, but it was too late.

    Now those poor investors are sitting in an under performing fund with a 20% discount to NAV.

    The joys of active management.
    MFG Price at posting: $8.94 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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$8.39 		Change
-0.020(0.24%) 		Mkt cap ! $1.451B
Open High Low Value Volume
$8.40 $8.42 $8.28 $2.142M 256.4K

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No. Vol. Price($)
7 249 $8.38
 

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Price($) Vol. No.
$8.39 2701 24
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Last trade - 13.46pm 18/06/2025 (20 minute delay) ?
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