MGF 0.00% $2.21 magellan global fund.

Does anyone know if instos received a similar offer in the...

  1. 39 Posts.
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    Does anyone know if instos received a similar offer in the wholesale funds? My concern is that with approximately $1.5bil of potential redemptions for a fund which must be relatively highly retail, we're going to need a lot more redemptions than we're currently getting for any level of on market demand to arise.

    I topped up some options yesterday as the buyback appears to have stepped up. With MFG sinking I'm wondering if there's some bad news coming at the AGM they're trying to distract us from or if it's just demand rising. Either way, I've got enough to last me til 2024. I'm not sure I'd push for many more as there's definitely still a risk these struggle to push above 3c.
 
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