See my post of 20 October re cost of options over the last two years, I agree with you. If volatility picks up this year, they will remain expensive. Regarding dividends, beware the more recent IPO’s as a weak equity market could easily wipe out retained profits and the ability to pay dividends. This is why some LICs announce dividends in advance, this reduces the risk of a weak equity market wiping out the ability to pay near term dividends. The discount would be far wider were it not for Related parties and WAM purchasing.
WDE Price at posting:
89.0¢ Sentiment: Hold Disclosure: Not Held
