Some of the later large listings have been better. Wilson’s paid for WGB listing costs out of its own pocket (via offsetting their management fees if I recall correctly) and MGG did something similar. So this changes the equation a bit vs earlier IPOs.
Also, WMI has had exceptional performance since IPO ... but a discount to NTA has reduced shareholder returns. WGB is similar (just not as blistering outperformance as WMI).... and the ~18% discount to NTA has wiped out those gains for IPO shareholders.
Re fees and ETFs - the discount to NTA that you can buy WLE at today about covers the fees by my logic. Ie. the return they make on the assets you get free is enough to pay the fees on the management of all the assets ... so the outperformance goes straight into (new) shareholder pockets.
- Forums
- ASX - By Stock
- Ann: June 2019 Investment Update
Some of the later large listings have been better. Wilson’s paid...
Featured News
Add WLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.27 |
Change
0.015(1.20%) |
Mkt cap ! $1.597B |
Open | High | Low | Value | Volume |
$1.26 | $1.28 | $1.26 | $1.230M | 972.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12905 | $1.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.27 | 34025 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9553 | 1.265 |
5 | 73000 | 1.260 |
8 | 150980 | 1.255 |
8 | 61663 | 1.250 |
4 | 176410 | 1.245 |
Price($) | Vol. | No. |
---|---|---|
1.270 | 34025 | 7 |
1.275 | 86755 | 6 |
1.280 | 262483 | 16 |
1.285 | 41765 | 6 |
1.290 | 81905 | 5 |
Last trade - 14.23pm 18/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.27 |
  |
Change
0.015 ( 1.49 %) |
|||
Open | High | Low | Volume | ||
$1.26 | $1.27 | $1.26 | 301583 | ||
Last updated 14.42pm 18/06/2024 ? |
Featured News
WLE (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online