WGB 0.45% $2.22 wam global limited

Could be a sharp downturn in the SP if/when they decalre a...

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    Could be a sharp downturn in the SP if/when they decalre a dividend without franking in the next few weeks. The only way this Fund generates franking is through the payment of tax and they haven't paid a tax installment since last November and their franking account was already in negative territory at the beginning of the year. Most of the investors here are Boombers and we know that Boomers love a franking credit. An unfranked dividend may see a lot of them sell out. Might give us non-boomers a lower enrty point in a few weeks.
 
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