MGG also had the loyalty bonus. Both also offer a DRP priced at 5% below the NTA.
Less than 15% DRP take up for MGG
Less than 25% DRP take up for MHH
Most shareholders opting for the cash in hand rather than the “free money”? Magellan try and avoid dilution by paying the trust the cost of the 5% DRP discount.
instant 7% wiped - Discount in a day, page-26
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Last
$2.19 |
Change
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Mkt cap ! $349.6M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.23 | $2.17 | $601.1K | 272.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3980 | $2.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 46316 | 1 |
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