I refer to Wealth Defender (WDE). Share price $0.84, NTA $0.834,...

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    I refer to Wealth Defender (WDE). Share price $0.84, NTA $0.834, Hence trading at discount. WAM and associates have been the largest buyer by far. I suspect Wilson will lobby for an off market buyback. Unlikely, but they may seek management rights. Either way, this is an arbitrage. If not obvious to you, please advise and I will run through the logic with numbers.
 
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