MFG 1.98% $9.81 magellan financial group limited

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

  1. 1,113 Posts.
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    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?
 
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