Australia's largest stock trading and investment forum Australia's #1 stock forum

WGB

Click for more information

0.44%

$2.30 wam global limited

absolutely agree... although you risk upsetting the devotees...

First 21 Last

Share
Profile

Follow
cutty

3,436 Posts.

456

10/02/21

19:41

Post #: 50873747
Share

Originally posted by ramamba: ↑

I am not positive at all at this "bonus".

Purely an opportunistic move on Wilson's behalf to raise the FUM at the time of market euphoria. They flagged it at the recent conference call too, trying to copy the MFFs issue that Chris Mackay has successfully done on more than one occasion.

The difference with MFF is WGB is 1 for 1 issue, so there will be no scarcity of options on the market, and as rightly noted by several posters above, it will probably cap the upside for the next 18 months.

IMO they should have been steady and do a 1 for 3 or 1 for 4 issue, which would still have the potential to raise over 100 mil. But no, let's try to double our fee intake and use clever marketing to disguise it as beneficial to all shareholders. I think Geoff is getting too greedy at the old age.

Expand

absolutely agree...

although you risk upsetting the devotees...

WGB Price at posting: $2.60 Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

OJC

SPC to merge with Original Juice Co and Nature One Dairy

There are more pages in this discussion • 65 more messages in this thread...

First 21 Last

Add WGB (ASX) to my watchlist

(20min delay)
Last $2.30		Change 0.010(0.44%)		Mkt cap ! $817.0M

Open	High	Low	Value	Volume
$2.29	$2.30	$2.29	$735.9K	321.1K

Buyers (Bids)

No.	Vol.	Price($)
7	64830	$2.28

Sellers (Offers)

Price($)	Vol.	No.
$2.30	6670	1

View Market Depth

No.	Vol.	Price($)
7	64830	2.280
7	79266	2.270
3	15882	2.260
6	39888	2.250
1	440	2.240

Price($)	Vol.	No.
2.300	6670	1
2.310	22745	4
2.320	110000	2
2.330	64316	5
2.340	21500	3

Last trade - 16.10pm 02/10/2024 (20 minute delay)

WGB (ASX) Chart