I would have thought good buying at this price particularly when you view its price history. However it is still at a premium to it's NTA.
It surely is at a premium - but has consistently been paying 4.5c and now 5c per half year for a long time. Despite the premium, I am happy to accept a consistent 8.5% net or a tad over 12% grossed (for franking). Even at a 4.5% dividend the rate is 7.7% net and 11% gross.
News: WAX WAM Research Says Declared A Fully Franked Interim Dividend Of 5.0 AU Cents Per Share, page-6
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Last
$1.21 |
Change
0.020(1.69%) |
Mkt cap ! $249.5M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.21 | $1.19 | $208.4K | 173.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2012 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 338 | 1 |
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| Last trade - 15.46pm 01/08/2025 (20 minute delay) ? |
| WAX (ASX) Chart |