Hi Lost,
Magellan owns Frontier Group (US based distribution channel) and has mandates over the World; US Mutual funds and UCITS funds, it is not an Australian domestic player, it is Australian tax payer giving local investors a benefit of franking credit. Look at their FY21 results investor presentation.
Does not concern you owning a company like GQG where management ownership is around 75 per cent after listing and management resides outside of AUstralia? Look at CRN , it was listed at 4 dollars, fallen in May to low 50 cents, management with ownership above 50 per cent raised capital at 45 cents and arranged the debt scheme at 11 per cent.
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Hi Lost,Magellan owns Frontier Group (US based distribution...
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Last
$10.69 |
Change
-0.040(0.37%) |
Mkt cap ! $1.934B |
Open | High | Low | Value | Volume |
$10.74 | $10.86 | $10.53 | $6.842M | 640.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1673 | $10.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.70 | 1101 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1106 | 10.690 |
8 | 1570 | 10.680 |
9 | 2523 | 10.670 |
8 | 2152 | 10.660 |
6 | 4496 | 10.650 |
Price($) | Vol. | No. |
---|---|---|
10.700 | 1062 | 6 |
10.710 | 3067 | 15 |
10.720 | 1762 | 11 |
10.730 | 2393 | 12 |
10.740 | 1745 | 7 |
Last trade - 15.00pm 19/08/2024 (20 minute delay) ? |
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