agree if people in for dividend and long term cap stability - would feel ouch right now.. but why would you buy WAM thinking that? outside I can see from Div chart it's been stable til now
for me fairly new and see SP up 2% for month.
no surprise for me NtA down for a company with $1.5B cap that's purpose is to invest in undervalued stock (which is high risk / chance capital hurt in bear market and interest rates going up). the exact market we are in.
which I guess is my investment point, if I'm right and market turning , head wind will not only lift but if they follow their core purpose they should make heaps of money? or am I missing the obvious -- now is not the time to sell.
clearly though they lost a bit more then should have to drop this low, and hence I see your point on confidence -- Hmmn..
I'd ask this, if you were runninng WAm where did you go wrong during this unexpected covid bear? what were the exact mess up choices... was it purely bad luck for a company with high risk to this sort of turn or bad management calls that needs a step down.. it sound like the latter, but be interesting if someone could share with me say the top 2 decisions they made bad? must admit bit new to this type of stock
agree if people in for dividend and long term cap stability -...
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Last
$1.54 |
Change
-0.085(5.25%) |
Mkt cap ! $1.708B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.54 | $1.51 | $5.341M | 3.496M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6001 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 76006 | 3 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| WAM (ASX) Chart |