"Paying substantially more for something that it's worth, should never be termed a bargain."
Do you have some unusual definition of 'worth'?
A pretty good definition of 'present value' is "the discounted (at some acceptable interest rate) value of all future income" and WMI is currently paying a dividend of roughly 7%, which grosses to roughly 10% with imputation credits. WMI also has a very solid dividend reserve. Further, it has been doing this for some time now.
Which WAM stock to buy?, page-25
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 (20min delay)
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Last
$1.38 |
Change
-0.015(1.08%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.37 | $530.3K | 383.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 492 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 6452 | 3 |
View Market Depth
| Last trade - 15.42pm 17/06/2024 (20 minute delay) ? |
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Last
$1.38 |
Change
-0.015 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $1.40 | $1.40 | $1.37 | 89774 | ||
| Last updated 15.42pm 17/06/2024 ? | |||||
| WMI (ASX) Chart |
