PAF
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0.00% $1.08 pm capital asian opportunities fund limited

Its simple, WAM trades at a premium to NTA. If he can pay for a...

  1. bc_00001
    101 Posts.
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    22/12/21
    12:24
    Post #: 58459882
    Its simple, WAM trades at a premium to NTA. If he can pay for a lic trading at a discount to NTA using WAM shares, its a win for WAM and their shareholders.
    Basically buying undervalued shares and paying for them with overvalued shares.
    This is the fourth time they have done this in last 18 mths.
    PAF Price at posting: $1.10 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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