MFG 2.78% $10.73 magellan financial group limited

I doubt even Geoff Wilson can capture the discount in MGF.MGF...

  1. 966 Posts.
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    I doubt even Geoff Wilson can capture the discount in MGF.
    MGF has been trading at a discount since it restructured Nov 2020. Discount has been increasing over time; this despite capital management measures with buybacks (which have been extended): Last 12 months -10.29%, Last 6 months -12.04%, Last 3 Months -13.95%.
    It may take several periods of outperformance before the gap narrows.

    https://hotcopper.com.au/data/attachments/4073/4073771-1ad960a970f293e6ce798a28d4336bea.jpg

    Disclosure. I'm a former holder of both stocks.
 
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Last
$10.73
Change
0.290(2.78%)
Mkt cap ! $1.939B
Open High Low Value Volume
$10.53 $10.96 $10.51 $17.49M 1.633M

Buyers (Bids)

No. Vol. Price($)
2 2000 $10.71
 

Sellers (Offers)

Price($) Vol. No.
$10.73 1667 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
MFG (ASX) Chart
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