MFG magellan financial group limited

Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-191

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    Not sure how you calculated $7.00 for net asset value.

    Net assets per 30/6/22 accounts was $1,027m. With 181m shares on issue, this equates to $5.67 per share (at best).

    If you work on net tangible assets (so deduct intangibles and deferred tax assets), it drops to $866m and $4.77 per share.
 
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