When I recently opted to buy VGI, I saw the risk of Magellan (and some other fund managers) losing management contracts. I felt, rightly or wrongly, that there was not much risk of that with VGI, given the structure. So my analysis, as far as it went, seems to be born out now by the news from Magellan. Would have done better to stay away from the sector altogether however (or at least sat on the sidelines a little longer).
I still think this is a good recovery pick. It's always darkest before the dawn as they say.
Ann: Portfolio Briefing and VG1/VG8 AGM Chairman's Addresses, page-17
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Last
$3.20 |
Change
-0.100(3.03%) |
Mkt cap ! $1.039B | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.35 | $3.20 | $476.7K | 144.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5049 | $3.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 706 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| RPL (ASX) Chart |