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$2.21 magellan global fund.

Thanks for the insight. Question for you Mr Bojangles: If the...

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CatTrader

1 Posts.

06/07/21

13:48

Post #: 54315621
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Originally posted by Bojangles1: ↑

great post on the options firestor. hope people can digest this as pretty amazing investment opportunity in my opinion. think it is unlikely someone of Magellan's reputation will allow this to trade a material discount for too long a period. also they have the structure to turn this into etf (mgoc) if they decide that is in the best interests of shareholders - that happens and the options value can be crystallised. I like the underlying so happy to exercise but have 3 years to decide

also worth noting that mgf are buying back almost 30% of traded volume per day which is huge + have a lot of information on their website (live nta + option exercise value + performance).

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Thanks for the insight. Question for you Mr Bojangles: If the discount closes - which, for a high quality international manager, you'd assume it could - are you suggesting this option is worth over 14 cents? Can't understand why it is so cheap...

MGF Price at posting: $1.78 Sentiment: Buy Disclosure: Not Held
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