'I think WAM held up quite well during the GFC'
'wax share price is not much more now than what it was 8 years ago!
it dropped up to 65% in the last gfc, from its 2007 high of $1.17 to its 2009 low of $0.41!
it is similar to buying a house for $1,000,000 and it dropping to $350,000, after a couple of years!
then there is the two years holding cost / loss opportunity cost
2 x 75,000 = $150,000.
the real loss is $800,000 or 80%!
'I think WAM held up quite well during the GFC' 'wax share price...
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Last
$1.12 |
Change
-0.065(5.51%) |
Mkt cap ! $227.5M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.13 | $1.10 | $627.1K | 564.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12698 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 9240 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| WAX (ASX) Chart |