And they are both stuck in a vicious circle, with WAR being the largest shareholder in WGB. As soon as WAR starts to realise it's position (loss), it will drive the price of WGB down further as it will be seen the same as a Director selling. If WAR doesn't sell it's NTA will continue to drop as long as WGB's does. (WGB is currently 14.5% od the NAV of WAR). And as you said above WGB has continually underperformed the market and nothing tells me this will change anytime soon.
And they are both stuck in a vicious circle, with WAR being the...
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Last
$2.21 |
Change
0.000(0.00%) |
Mkt cap ! $785.1M | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.23 | $2.21 | $191.1K | 86.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 27225 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 39198 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WGB (ASX) Chart |