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0.48% $8.46 magellan financial group limited

he paid the bankers with magellan shares to get them across...

  1. SP007
    1,113 Posts.
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    23/12/21
    14:37
    Post #: 58488326
    he paid the bankers with magellan shares to get them across (shareholders money) and now its tanked 60%+. i am sure the barrenjoey staff are over the moon at being fleeced of their wealth. and yes it is a side hustle. its a 156m investment. its tiny.

    how is he going to meet the barrenjoey need for capital without reducing the dividend?
    MFG Price at posting: $20.82 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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$8.46 		Change
0.040(0.48%) 		Mkt cap ! $1.529B
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$8.42 $8.49 $8.41 $1.087M 129K

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