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$1.50 westoz investment company limited

Ann: Update on Proposed Scheme - Outcome of First Court Hearing, page-8

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peejay2

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383

03/03/22

14:35

Post #: 59957034
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Originally posted by BlindSkwerrl: ↑

That is the crux of my question - what will happen to the WA office? Are the team going to change the badges on their polos to Wilson Asset Management and keep on doing the same thing? With a much larger pool of funds, they would logically get something of a Berkshire effect where it's easier to make outsized gains with a smaller pool than a larger one because the wins won't move the needle as much.

Are they going to sail off into the sunset and start another fund?
They've got runs on the board so I'd be keen to find out the plan.

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I think not. I think Dermot and the team are going back into the broking, and fund management business albeit not listed ones such as WIC and OZG. I can’t see EZL taking their share in the form of WAM… that would defeat the purpose!

WIC Price at posting: $1.35 Sentiment: Hold Disclosure: Held
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