I took a first position today at $1.51 as this looks like good...

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rvajna

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14/11/24

11:40

Post #: 76602107
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Originally posted by UberTrader: ↑

look it will take time to get full franking back !

Now, the share price movement depends upon how much they have in their reserve. As I said in previous post, people are using this stock for capital gain (buy low and sell before ex-dividend date) and market has low confidence in Wilson who took 20% performance bonus at a time fund share price is going down.

we realistically need 2 year+ worth reserve for share price to go up purely on the basis of reserve but if they continue to have this a year worth reserve then it won't help unless second scenario happens which is the RBA starts lowering rate to take them below 3% !

if bull market continue this month and if we get another six month worth reserve added to make it 1.5 year then it will be interesting as the fund has another 5 month to add more reserve by the time they ready to pay dividend in April/May 2025.. !

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I took a first position today at $1.51 as this looks like good value at this price given the underlying performance of their top 20 holdings.

WAM Price at posting: $1.52 Sentiment: None Disclosure: Held
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(20min delay)
Last $1.66		Change 0.013(0.76%)		Mkt cap ! $1.869B

Open	High	Low	Value	Volume
$1.66	$1.67	$1.66	$352.5K	212.5K

Buyers (Bids)

No.	Vol.	Price($)
7	124333	$1.66

Sellers (Offers)

Price($)	Vol.	No.
$1.67	33457	5

View Market Depth

No.	Vol.	Price($)
7	124333	1.660
9	62852	1.655
6	111945	1.650
4	56980	1.645
12	65898	1.640

Price($)	Vol.	No.
1.665	33457	5
1.670	167274	17
1.675	94256	3
1.680	114430	15
1.685	58056	4

Last trade - 11.57am 23/07/2025 (20 minute delay)

WAM (ASX) Chart

I took a first position today at $1.51 as this looks like good...

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Buyers (Bids)

Sellers (Offers)

Featured News

I took a first position today at $1.51 as this looks like good...

Top Stories

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

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Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

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