It sounds like you already have a reasonable grapple on understanding the company and business model, this is something I'd point to as to why I think they're poised for a strong comeback:
https://www.magellangroup.com.au/funds/magellan-global-fund/
Note the 3 month and yearly performance against the benchmark. On top of that, even the negative return itself is minuscule considering circumstances.
It sounds like you already have a reasonable grapple on...
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Last
$8.49 |
Change
0.050(0.59%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $8.38 | $8.53 | $8.35 | $3.847M | 454.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2137 | $8.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.50 | 6847 | 4 |
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| Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |