WMA 0.52% 97.5¢ wam alternative assets limited

Ann: June 2021 Investment Update, page-7

  1. 237 Posts.
    lightbulb Created with Sketch. 6
    I'm just looking into my Crystal Ball;
    Logically, nature of the assets should provide some NTA protection in a market pullback, however share price reactions are a different question again.
    As has happened before, share prices of most companies can fall well below their NTA or Book Value in a severe correction.
    WAM was 70% cash at one time and traded below that figure; ie, logic goes out the window.
 
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