It will go up, yes. But it will go up in line with international equity returns (roughly) - don't expect MFG like returns. MFG is a play on the profitability of Magellan Group and the massive rise in AUM.
My point though is that 1) even though the NTA may go up, the share price is currently priced over the post tax NTA. So yes NTA might go up but the share price could actually fall. And 2) the massive dilution from the options
If you want equity like returns with no dilution there are better options
It will go up, yes. But it will go up in line with international...
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Last
$3.75 |
Change
0.010(0.27%) |
Mkt cap ! $2.173B | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.79 | $3.69 | $841.3K | 225.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13054 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.77 | 1174 | 1 |
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| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| MFF (ASX) Chart |