And to add ... NTA hasn't risen ... we need NTA to grow to lift that share price. That is the magic that is missing.
The excuse continues to be "we're paying out high dividends" vs retained earnings.
Rubbish. High divi % is only a reflection of fallen (collapsed) NTA (under performance) which trashes the share price.
Franking credits seem to have been 'acquired' via fortunate takeovers vs actually earning them through repeatable performance.
It is the predictable, repeatable ability to general profits and hence franking credits that is lacking with WAM.
Total shareholder return ... tragic.
"Where are the Customers' Yachts?" springs to mind.
I want to be a believer again.
And to add ... NTA hasn't risen ... we need NTA to grow to lift...
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Last
$1.60 |
Change
0.015(0.95%) |
Mkt cap ! $1.775B | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.60 | $1.58 | $1.219M | 768.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2149 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 69099 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| WAM (ASX) Chart |