Are you serious?
WAM holders signed up for this, taking advantage of discounted assets including taking substantial positions in LIC's trading at discounts is part of WAM's DNA, Geoff has been doing it for as long as i remember
if i was you, i would be asking:
* what do CIE shareholders think of their persistent discount to NTA, has it ever traded at par?
* have you signed up to random changes in investment strategy, like suddenly going from Australian long-only to international long-short?
* do you agree to a 50 pct fee hike to 1.4pct of NTA?
* do you approve insto cap raise at discount to NTA diluting all existing shareholders?
* do you think CIE independent directors and chairman act in your best interest given all of the above?
Rhetorical questions really.
Are you serious? WAM holders signed up for this, taking...
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Last
$1.60 |
Change
-0.010(0.62%) |
Mkt cap ! $1.775B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.61 | $1.60 | $742.0K | 462.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 100288 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 23601 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| WAM (ASX) Chart |