The premium will be maintained until the first hiccup on paying franked dividends. It's being held up by retirees seeking yield over everything else, including performance. WAM/WAX are now at the mercy of maintaining that yield, or see their share price and premiums disappear. Expect a lot more takeovers and acquisitions seeking to maintain franked distributions - especially when the SP is still at a premium.
Ann: December 2022 Investment Update, page-4
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Last
$1.50 |
Change
0.000(0.00%) |
Mkt cap ! $1.664B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.51 | $1.49 | $1.410M | 945.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6732 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 16552 | 3 |
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| Last trade - 12.42pm 06/08/2024 (20 minute delay) ? |
| WAM (ASX) Chart |