The more I think about it the more I like this stock. Magellan is pulling 200 million of new retail money per month at the moment. MAI does all registry on this. Just one client and 2 billion per year of new flows. This thing deserves a high PE.
The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint
Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive