Ann: Update on Proposed Scheme - Outcome of First Court Hearing, page-5

SP has nothing to do with the TO. That’s the rub ! Purely on the NTA + 7.5% on the due date. There will be those that don’t want WAM and there will be those that are happy to transfer to a “general” LIC and pick up the FF Dividend. Personally, I would like WIC to remain in its current investment status. Compare the graphs of WAM and WIC and tell me otherwise ! It’s just a gr8 time to be in a mining and mining resources fund !