I have substantial holdings in WAM and WLE and have held WAX in the past. Nothing against WAX except it is at roughly a 40% premium to asset value and I sold out because of the high premiun (when it was about 35%) and bought into WLE at roughly par. WLE is now about 8% premium and WAM about 15% premium.
Question, why is WAX so popular at its very high premium?
I have given my sentiment for WAX as a "sell" but only because you can use the proceeds to buy extra WAM and/or WLE
I have substantial holdings in WAM and WLE and have held WAX in...
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Last
$1.05 |
Change
0.000(0.00%) |
Mkt cap ! $214.2M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.05 | $1.05 | $105.2K | 100.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7307 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 18863 | 3 |
View Market Depth
| Last trade - 13.52pm 28/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
0.000 ( 0.96 %) |
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| Open | High | Low | Volume | ||
| $1.05 | $1.05 | $1.05 | 22614 | ||
| Last updated 13.25pm 28/05/2024 ? | |||||
| WAX (ASX) Chart |