This is a tough one to work out if WAM actually made any money on this one but since they hold this one there were multiple opportunity to exit at higher price but this mob was buying GEM at that time ! should they invested in EVO instead of GEM then at least they got quarterly dividend !!!
i doubt if they made any money on GEM and i also doubt why on earth they exited now ? just because one of the GEM staff was caught in Melbourne by police ?
there are dodgy staff with all organisations but you don't leave your investment just because action of one staff.. ! reputation damage needs to be managed by GEM.... WAM only helped shorter in this stock in my opinion.. !
WAM Price at posting:
$1.61 Sentiment: None Disclosure: Held
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