WAM 0.00% $1.51 wam capital limited

Staying ahead of the retiree Income LIC shakeout, page-70

  1. 144 Posts.
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    The last statement indicates the cash reserves are now 11.2cps, which is enough to pay the next dividend and follows the cycle from last year.

    I've been recently concerned about your statement and it has me considering my position, but looking at the monthly updates over the past 12+ months and seeing the pattern of how cash reserves fluctuate (not surprisingly dropping immediately after a div is paid and then increasing) has me feeling less apprehensive.
 
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