WLE 1.82% $1.35 wam leaders limited

Hi Dave ,Well , I think we can certainly talk about WLE now .So...

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  1. 6,800 Posts.
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    Hi Dave ,
    Well , I think we can certainly talk about WLE now .
    So , it is $1.515 the last time I looked.
    The reasons for this capital raise look fluffy at best.
    Taken all together , they probably add up to '' bigger fund , more fees'' .
    Certainly no whizzbang new buy.

    So now that the share price has gone down , a lot, almost at NTA , my sentiment changes.
    I'm in for a buy just above NTA .
    But I will be buying from someone who it seems quite unnecessarily , had 5% wiped off their asset.
    Not sure I will keep for ever , just enough to satisfy the 45 day rule , not sure they can be trusted for much longer than that.
    cheers
 
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