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
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
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| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |