Can anyone figure out why WLE is so far below NTA
NTA per June report 1.169
Current share price 1.115 which is 5% below NTA (arguably you are guessing on market performance since 30th June, but market is up ~1% so you would expect NTA to be ~1.18 if they are half decent (and they have shown that since listing last yr)
Sure you have a discount because of the option overhand, but worse case it should be roughly half way between option strike and NTA (so around 1.135)
Perhaps I'm wrong on the above, but I just don't understand the pricing, especially of the option. Given they have indicated they will pay 2c after option strike date, surely any price below 2c is a no brainer if share price stays above above 1.10
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Last
$1.25 |
Change
0.000(0.00%) |
Mkt cap ! $1.707B |
Open | High | Low | Value | Volume |
$1.25 | $1.26 | $1.24 | $1.826M | 1.463M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 111898 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 122831 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 42582 | 1.250 |
3 | 29016 | 1.245 |
10 | 144116 | 1.240 |
10 | 207774 | 1.235 |
8 | 313764 | 1.230 |
Price($) | Vol. | No. |
---|---|---|
1.200 | 9480 | 1 |
1.250 | 122831 | 2 |
1.255 | 40000 | 3 |
1.260 | 152336 | 6 |
1.265 | 53558 | 3 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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