WMI 1.38% $1.43 wam microcap limited

News: WMI Wam Microcap Says Share Purchase Plan & Placement, Raising A$75.0 Mln, page-6

  1. 1,481 Posts.
    lightbulb Created with Sketch. 9
    good buying around $1.50. I reckon good chance of hitting $1.65 odd day before the stock goes exdiv which means 10% odd in just over a month in a low risk manner.

    LICs are crap as long term vehicles but do present good low risk trading opportunities as those boomers do love their franking credits.
 
watchlist Created with Sketch. Add WMI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.