MHH 0.00% $1.78 magellan high conviction trust

Ann: Weekly NAV, page-18

  1. 5,170 Posts.
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    I am struggling to understand the bonus issue...can someone kindly explain this to me? What bonus are you talking about?

    Also why isn't this a good prospect for the long term and why would people want to take money off the table?

    My thinking is that as time goes the money will be invested in good growth businesses and when those business produce profits and growth then MHH will keep going north as the NTA will no doubt rise.

    What exactly am I missing here to believe that the share price will be at least $1 more in the next 12 to 24 months?

    I would greatly appreciate some sound explanation rather than sarcastic remarks
 
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Currently unlisted public company.

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