WAX 0.00% $1.04 wam research limited

Given the profit reserves that WAX has, this must be looking a...

  1. 208 Posts.
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    Given the profit reserves that WAX has, this must be looking a lot more attractive now. Over 7% fully franked yield, with the next 3 years worth of dividends already tucked away. Yes it still trades at a premium to NTA, but somewhat justified perhaps for the security and generous income?

    I would be interested in picking up some more in the $1.20s.
 
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