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0.93%

$2.17 magellan global fund.

Ann: MGF Fund Update - February 2021, page-9

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lordsmasher

737 Posts.

52

12/03/21

16:18

Post #: 51727165
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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.

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Why would the USD appreciate? The AUD is tracking the Nasdaq as they have similar sentiments (risk on).

MGF Price at posting: $1.64 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.17		Change 0.020(0.93%)		Mkt cap ! $3.271B

Open	High	Low	Value	Volume
$2.16	$2.17	$2.16	$4.949M	2.285M

Buyers (Bids)

No.	Vol.	Price($)
4	586216	$2.16

Sellers (Offers)

Price($)	Vol.	No.
$2.17	149621	7

View Market Depth

No.	Vol.	Price($)
4	586216	2.160
2	250470	2.150
2	50650	2.100
1	20000	2.070
2	6890	2.000

Price($)	Vol.	No.
2.170	149621	7
2.180	321122	6
2.190	228644	5
2.200	61191	10
2.210	79164	5

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last $2.17			Change 0.020 ( 0.70 %)
Open	High		Low	Volume
$2.17	$2.17		$2.17	417299
Last updated 15.59pm 05/06/2024 ?

MGF (ASX) Chart

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