Look, I like the companies WAX is invested in but I don’t like the price you pay to get in. The premium is insane. Even Mr Wilson knows this and that’s why he is selling. Compare his minuscule WAX holdings to his holdings in other WAM entities and look what he puts the money into.
So who is the poor bugger buying Geoff’s shares? Is it because of the dividend? There are plenty of other LIC shares (including WAM ones) which will give you more and cheaper shares which will pay the same or higher dividend than WAX.
Look, I like the companies WAX is invested in but I don’t like...
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Last
$1.18 |
Change
-0.010(0.84%) |
Mkt cap ! $244.3M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.18 | $53.63K | 45.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12225 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 11100 | 3 |
View Market Depth
| Last trade - 11.34am 29/07/2025 (20 minute delay) ? |
| WAX (ASX) Chart |