MGF 0.00% $2.22 magellan global fund.

EAI.ax announcing today they are converting to an open ETF. 96%...

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    EAI.ax announcing today they are converting to an open ETF.

    96% approval for the change at today’s special meeting.

    Despite the announcement today the share price is gone down (further from NTA).
    EAI Share price = 77c
    EAI NTA = 82.6c

    If EAI can justify this change with a ~6% discount to NTA, surely MGF can with a discount of ~18%.

    https://hotcopper.com.au/data/attachments/5283/5283556-edb183a81b7adbba8a29cd3049f05cf5.jpg
 
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