WAM bought from either BNB or ANZ (seized margin loan holding),...

WAM bought from either BNB or ANZ (seized margin loan holding), thus both were fire sales IMO. If only I had that sort of cash to throw around - trades went thru at ~4cents - thus if doors were closed you would make 50% plus profit!

No dilutions but big drop in FUM (moving to closer to $1b from memory) after gearing removed from EAIT.

I have seen other stocks trading at below real cash, but typically they are miners that are burning cash at a rate of knots...so don't understand why this is still sitting at below "real cash" as my best guess is that they will be cash flow positive this year.