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21.0¢ amaysim australia limited

someone has got this very wrong indeedthe wam offer closes...

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smoke123

307 Posts.

19

30/03/21

10:46

Post #: 52134861
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Originally posted by Crocee: ↑

Absolute madness. The offer closes tomorrow. Anyone buying today can’t accept the offer as today’s trades don’t settle until Thursday. So one day too late. They are paying 33c and up to 36c and will receive 20c with the final payout not until Oct. Clearly, they don’t understand.
This was so low risk, I bought late last year at 73c, and accepted the WAM on the first day and made about 10%.
Then bought straight back in at a price of77c. Will get the 50c plus 11c franking and thought 20c more for a total of 81c. Not bad for a low risk trade. But instead of 5% for 4 to 6 months, I couldn’t believe that I could sell this morning for 33c!!! So a 22% return for only 3 months holding period. And just when I thought it couldn’t get any better.

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someone has got this very wrong indeed
the wam offer closes today
i expected ays to trade below 20c today

AYS Price at posting: 33.0¢ Sentiment: None Disclosure: Not Held
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