Yes one of the interesting parts of the AGM was Don Sharp’s asides about how they were not affected by the likely clampdown on treatment of cash, they already have low margin best interest but alluded their peers (Netwealth etc) may have to change - nor do they have grandfathered commisions. And a move to individual licensing would be positive for them, particularly as they have this ASX participant status now, so they can accomodate any preference for HIN and broker choice.
MGP Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held