WMI 1.38% $1.43 wam microcap limited

Ann: November 2020 Investment Update, page-12

  1. 4,933 Posts.
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    I SHOULD have sold out of them At the same time you did. ! Unfortunately I hung on, and didn’t keep my eye on the ball (and neither did Karl Seigerling). In Apr/May they were holding 60% cash and the SP of CDM was lower than the cash at bank. I bought in (as did my wife) at 58 cents. They have changed their investment style and the capitalisation of the companies that they invest in. A now, much safer LIC in Which to invest, although I will probably still be in it when I die, in an attempt to make up my losses !!!!
 
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