Strong Day 1 at Magic Millions

Strong Day 1 at Magic Millions

Strong Day 1 at Magic Millions

The Magic Millions yearling sale is underway on the Gold Coast and Day proved to be a strong market once again. $35,765,000 in sales and a clearance rate of over 80%.

The Top Lots were no surprise with Fastnet Rock dominating the big money and Coolmore the leading vendor horses over $500k.

900,000
675,000
650,000
650,000
625,000
600,000
600,000
550,000
525,000
520,000
500,000
500,000
500,000
500,000
500,000
500,000

Other Notable Sales

An Uncle Mo Colt brought $200k for Coolmore making the Knightsbridge Purchase of an Uncle Mo Colt before the sale look like a very good move.

200,000

 

Newgate Farms Deep Field Was in Demand

Considering his $22k price tag Deep Feild payed off for breeders very well.

70,000
80,000
100,000
130,000
180,000
200,000
220,000
225,000
250,000
300,000
300,000
675,000
80,000
70,000

Newgate had another hit on their hands with Wandjina (AUS)

100,000
220,000
200,000
180,000
120,000
180,000
35,000
30,000
40,000
35,000
250,000
50,000
40,000
50,000
155,000

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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