Hi, I am wrong. It does not actually seem that they have gone into anything of such nature yet. I have seen Stott expressing interest in some companies of this nature in the media recently (on livewire). I guess that could be for WLE or another LIC vehicle.
not sure I understand this- Yes WAM has been a phenomenal company but an LIC trading at a 20% premium made me a tad nervous. All it takes is a little bit of underwhelming performance for this premium to start closing up. If this happens I would consider hopping back in- I like the way these guys invest and the huge amounts of cash they hold.
My only other reservation is the management fees- on the expensive side. Justified? probably! but if they do not perform well these fees become a real kick in the guts.
Not saying sell. Still a good company. but personally I am not buying at these prices. I would be very interested around 5-10% premium though!
- Forums
- ASX - By Stock
- Ann: Investment Update & NTA December 2016
Hi, I am wrong. It does not actually seem that they have gone...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAM (ASX) to my watchlist
|
|||||
Last
$1.51 |
Change
0.015(1.00%) |
Mkt cap ! $1.670B |
Open | High | Low | Value | Volume |
$1.50 | $1.51 | $1.50 | $217.5K | 145.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 50100 | $1.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.51 | 32006 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 91395 | 1.495 |
21 | 369002 | 1.490 |
2 | 21680 | 1.485 |
11 | 84579 | 1.480 |
4 | 73082 | 1.475 |
Price($) | Vol. | No. |
---|---|---|
1.505 | 4700 | 1 |
1.510 | 35056 | 8 |
1.515 | 29338 | 2 |
1.520 | 139417 | 10 |
1.525 | 22050 | 3 |
Last trade - 11.22am 25/07/2024 (20 minute delay) ? |
Featured News
WAM (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online