MFG 0.70% $10.02 magellan financial group limited

u dont get basic math do you?! 50bn (if they can hold it) @1%...

  1. 3,777 Posts.
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    u dont get basic math do you?!

    50bn (if they can hold it) @1% gets you $500m revenue. MFG DOESNT EARN 1% NET IN FEES....your $300m in profits will be the REVENUE NUMBER....NOT THE PROFIT!!

    keep holding - good luck
 
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