Wrong.
Fund managers often raise below NTA and cover the costs.
They do this because they appreciate the extra capital will result in ongoing management fees.
WAM - without the SMSF cohort cease to exist.
Ann: WAM Leaders shareholders offered Share Purchase Plan, page-31
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Last
$1.28 |
Change
0.010(0.79%) |
Mkt cap ! $1.742B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.27 | $1.275M | 1.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 163214 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 5191 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| WLE (ASX) Chart |