maybe magellan should read this after using shareholder money to make principal investment in EquityMates podcast. equity mates does not appear to have an AFSL.
"Before joining the company register, Magellan was a client of Equity Mates Media, having paid the podcasters to promote a virtual roadshow of its Airlie Funds Management subsidiary on social media. It is understood that at least one of the three Magellan appearances on Equity Mates episodes was part of a sponsorship arrangement"
"Market sources speculated that Magellan’s commercial support of Equity Mates was motivated by a desire to attract new and inexperienced investors to its funds – a charge to which the fund manager declined to respond."
MFG Price at posting:
$34.93 Sentiment: None Disclosure: Not Held
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(20min delay)