Couldn't agree with you more. I hold WAM as well and although it will increase my average this is by far the best outcome for us. We will get what we bought this dog for in the first place. INCOME!! You really need to look very carefully at these fund managers as there are plenty of them that are just as hopeless as this one was. The outcome here will be closely watched by many under performing LIC managers and may well prove to be a catalyst for change. They must think we're stupid given they're pathetic bullsh#t response. Too many holders failed to vote.
CIE Price at posting:
68.5¢ Sentiment: None Disclosure: Held
