Australia's largest stock trading and investment forum Australia's #1 stock forum

MGF

Click for more information

0.46%

$2.16 magellan global fund.

Ann: MGF Fund Update - February 2021, page-8

First 8 Last

Share
Profile

Follow
Arpeebee

904 Posts.

152

12/03/21

15:51

Post #: 51725994
Share

Originally posted by Jaythesail: ↑

Well, the 7.5% is not even a give away, as currently trading at 8.5% discount to NAV.

If there was anyone foolish enough to execute the options or subscribe through dividend reinvestment (both at 7.5% discount to NAV), Magellan could simply by the MGF stock from the market and issue it back, saving 1% in the process.

I was expecting that recent news on US stimulus, and expected USD appreciation, would provide positive lift for the Global Fund.

Expand

If options were exercisable today you would have to pay $1.695.
Currently trading at $1.615.
No wonder the Options are getting smashed.

MGF Price at posting: $1.61 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 514 more messages in this thread...

First 8 Last

Add MGF (ASX) to my watchlist

(20min delay)
Last $2.16		Change -0.010(0.46%)		Mkt cap ! $3.271B

Open	High	Low	Value	Volume
$2.17	$2.17	$2.16	$517.7K	239.3K

Buyers (Bids)

No.	Vol.	Price($)
3	227624	$2.16

Sellers (Offers)

Price($)	Vol.	No.
$2.17	445713	19

View Market Depth

No.	Vol.	Price($)
3	227624	2.160
4	585627	2.150
3	1026994	2.140
2	8250	2.130
1	141321	2.110

Price($)	Vol.	No.
2.170	445713	19
2.180	62557	8
2.190	188578	7
2.200	131221	11
2.210	29778	2

Last trade - 13.56pm 16/05/2024 (20 minute delay)


Last $2.16			Change -0.010 ( 0.46 %)
Open	High		Low	Volume
$2.16	$2.17		$2.16	150541
Last updated 13.46pm 16/05/2024 ?

MGF (ASX) Chart