@bobadah
Personally, I think that is just a good way of treating shareholders. Sure, it has caused the share price to fall to near the asset value, but the great returns demonstrated in the past suggest the premium will return once current holders have sold down to accumulate their $30,000 (or whatever) for the shares they want to buy.
mate, your 30k is a drop in the ocean while you're forgetting or choosing to ignore that your 'good way' also extends to WAM's sophisticated mates where they are placing $244 *million*, the full 15% capacity. I see you're quite happy with this modest dilution.
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Ann: Share Purchase Plan for WAM Leaders shareholders, page-33
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