WAX 0.84% $1.18 wam research limited

Why buy at this price?

  1. 209 Posts.
    lightbulb Created with Sketch. 1
    Can someone explain to me why anyone would pay $1.60 for this LIC when it's NTA is less than $1.30?
    I understand that they have about 3-4 years of guaranteed dividends but buying at such a premium doesn't make sense.
 
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$1.18
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No. Vol. Price($)
4 27972 $1.17
 

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$1.18 18191 2
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Last trade - 15.37pm 05/09/2024 (20 minute delay) ?
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