WIC 0.00% $1.50 westoz investment company limited

Ann: Update on Proposed Scheme - Outcome of First Court Hearing, page-3

  1. 4,801 Posts.
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    @BlindSkwerri, perhaps you can answer this…. As the “takeover date” approaches, one would presume that WIC will trade at NTA, possibly even more in anticipation of the 7 1/2 premium being offered by WAM. So near that date us punters will have the option of rolling over into WAM at the premium (and picking up the div offered by WAM) or selling on market to those that want to add to their holding in WAM. My question is this….. What will Euroz do as the holder of both WIC and OZG with their substantial holdings in WIC and OZG. One presumes that they as a fund manager, wouldn’t want their money tied up in another fund manager ? At some stage they must have an exit strategy planned. I wonder what it is ?
 
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