MHH
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0.00% $1.78 magellan high conviction trust

So if you bought $50k in the IPO you got 33334 units, then you...

  1. wrxinvestor
    420 Posts.
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    01/03/20
    15:35
    Post #: 43242466
    So if you bought $50k in the IPO you got 33334 units, then you got 7.5% bonus units ie 2500 units for a total of 35,834 units. Since the bonus units were for free your total layout is still $50K.

    The theoretical unit price for these shares is 50,000/35834 which is $1.3953 per share. At the current share price of $1.455 you should be up roughly 4% by my calculations.

    DYOR
    MHH Price at posting: $1.46 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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