Insider buying is rarely a bad thing for the SP on a stock. This LIC is running at a discount to a discount. According to their October report WAR has a "look through" NTA of $1.27. And that's with 36% held in cash. So basically just closing the gap to the value of the underlying shares in the underlying LIC investments should provide a 25% return. Trouble is > this could be a long wait. On the upside > the yield on this LIC should improve in the short term. Only for the patient investor IMO. Will also be interesting to see if / when they start redeploying some of that cash into the market.
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Last
$1.09 |
Change
0.003(0.23%) |
Mkt cap ! $196.3M |
Open | High | Low | Value | Volume |
$1.10 | $1.10 | $1.09 | $42.12K | 38.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 104131 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.10 | 958 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 104131 | 1.090 |
5 | 38639 | 1.085 |
5 | 54906 | 1.080 |
1 | 28430 | 1.075 |
3 | 21274 | 1.070 |
Price($) | Vol. | No. |
---|---|---|
1.095 | 958 | 1 |
1.100 | 46411 | 4 |
1.105 | 37976 | 3 |
1.110 | 182108 | 6 |
1.115 | 20000 | 1 |
Last trade - 12.26pm 19/07/2024 (20 minute delay) ? |
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WAR (ASX) Chart |