and also this:
"But given Magellan’s market cap has plunged from $13.4 billion in February 2020 to just $1.4 billion, Sandon says that implies the funds management business is worth about $355 million. Sandon estimates the funds management business trades on an enterprise value-to-EBITDA ratio of 2 times, while its peer group (including GQG, Platinum and Regal) trades on an average multiple of 6.4 times."
keep in mind, they would say that, being the 13th largest shareholder, nonetheless, money to be made here
and also this:"But given Magellan’s market cap has plunged from...
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Last
$10.68 |
Change
0.090(0.85%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $10.69 | $10.85 | $10.67 | $4.838M | 450.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3390 | $10.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.71 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MFG (ASX) Chart |