I am a holder in WIC. The reason why is that WIC is selling at...

I am a holder in WIC. The reason why is that WIC is selling at just less than 20% percent discount to NTA. They have also promised 9 cents fully franked dividends for 2013 and 2014. Given their franking credits and their cash weighting at the moment, ( 38% ), I reckon there is a juicy 6 cent dividend that will be paid out in the July / August 2013.

Great return for a self managed superfund at current price of 1.08. Also the large divvy payments will compress the NTA discount over time.

I agree Geoff Wilson is a canny investor.