WLE 1.16% $1.31 wam leaders limited

Ann: WAM Leaders shareholders offered Share Purchase Plan, page-21

  1. 490 Posts.
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    @Verve365 @PH441324
    it was reported yesterday in same paper that plenti offer was upsized by 5 mil from 50m to 55m and that's probably our only hope as retail

    apparently broker offer closed oversubscribed in a day and there was a massive scale back, max allocation of 5000 units at 1.66. remains to be seen if they follow through on the promise of an allocation to existing lenders.

    as for the topic, it's a pass for me, although would be good for WLE to increase the size, they are after all 1 of only 2 WAM funds not capacity constrained. If only they committed to a scale back in management fees after the 1st billion... not going to happen, but one can dream.
 
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