In their last annual report, their largest holding by far was WAM Global... So you are paying Geoff fees to hold WAR which then buys WGB and charges WAR their fees.
Classic stuff.
Ann: January 2023 Investment Update, page-4
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Last
$1.10 |
Change
-0.010(0.90%) |
Mkt cap ! $198.1M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.11 | $1.10 | $112.6K | 102.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 93801 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 16217 | 1 |
View Market Depth
| Last trade - 15.47pm 27/06/2024 (20 minute delay) ? |
| WAR (ASX) Chart |