WAX has a dividend yield (including franking) of about 8.84%. The annual dividend is about $0.099 pa and their last annual earnings per share was $0.2686.Earnings for 2020-21 might have been exceptional, but still, that's good cover.
It's not so much about the NTA, as the earnings and dividend stream.If they can maintain earnings from trading then they can support this share price irrespective of NTA.
Same goes for WAM.
WAX has a dividend yield (including franking) of about 8.84%....
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Last
$1.46 |
Change
-0.015(1.02%) |
Mkt cap ! $1.625B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.48 | $1.46 | $1.380M | 939.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 24487 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 6885 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.47 |
Change
-0.015 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.48 | $1.46 | 465955 | ||
| Last updated 15.57pm 08/05/2024 ? | |||||
| WAM (ASX) Chart |