“I have been accumulating MGF at 15% discount as I think it will either get back to NAV, or Magellan will convert it to MGOC”
What you’re saying here is my exact point ….the more investors think like this the more they’ll bid up MGF units closer to NAV…..which, in turn, gets the options closer to being in the money.
The options have been trading near zero (ie next to worthless) but seemed to have stirred a little from their slumber lately so maybe some are speculating like I am.
“I have been accumulating MGF at 15% discount as I think it will...
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Last
$2.26 |
Change
0.020(0.89%) |
Mkt cap ! $3.407B | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.26 | $2.25 | $2.906M | 1.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11255 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 22254 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MGF (ASX) Chart |