WAX wam research limited

Ann: WAM RESEARCH RECORD FY2015 INTERIM DIVIDEND, page-6

  1. 17,912 Posts.
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    ? so they expect the price to be above 1.20 to make it worth exercising ? it has only just hit that price a few times in the last twelve months.
    wax got options
    wam have a spp
    so they want some more money in the bank for war chest ? they cant make much money on cash at the moment so must be expecting a big fall ?????
 
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