Paul Rickard in today's Switzer newsletter suggests selling WAM as its SP has too much of a premium:
"However, portfolio performance has waned recently. Over 1 year, 3 years and 5 years it has underperformed compared to the S&P/ASX All Ordinaries Accumulation Index, and over 1 and 5 years, it has underperformed compared to the Small Ordinaries Accumulation Index. For example, in the year to 31 May, the portfolio lost 8.5% compared to a positive return of 4.7% for the All Ords, an underperformance of 13.2%. Again if management fees were included, the underperformance would be worse.
On 31 May, WAM was trading at $2.09, putting it on a massive premium of 25.9% to its NTA of $1.66. On Friday, having gone ex-dividend of 7.8c during the month, WAM was trading at $1.725."
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- Ann: May 2022 Investment Update
Ann: May 2022 Investment Update, page-12
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Last
$1.45 |
Change
0.000(0.00%) |
Mkt cap ! $1.608B |
Open | High | Low | Value | Volume |
$1.45 | $1.45 | $1.44 | $1.051M | 727.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 424726 | $1.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.45 | 9997 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 424726 | 1.440 |
12 | 89351 | 1.435 |
19 | 247174 | 1.430 |
11 | 83558 | 1.425 |
28 | 212343 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.445 | 9997 | 1 |
1.450 | 341118 | 11 |
1.455 | 31300 | 4 |
1.460 | 128056 | 9 |
1.465 | 177201 | 6 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.44 |
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Change
0.000 ( 0.23 %) |
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Open | High | Low | Volume | ||
$1.45 | $1.45 | $1.44 | 512848 | ||
Last updated 15.55pm 17/06/2024 ? |
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