To date Geoff Wilson has anticipated the market very well & keeping a high percentage of cash has proved to be the best option.
The policy of the Wilson group of companies is to pay an increasing dividend stream. Therefore I do not believe they will minimise dividends just to grow the net assets of the company.
Yes, they have stipulated that their target is to grow to capitilisation of $100 million but this is more likely to occur when dividends grow gradually & the share price will follow. This will enable them to issue more shares with free options, making the issue more attractive.
With the above in mind it is all the more reason to be a shareholder & benefit from the good dividends plus receiving the opportunity to buy new shares with the expected free options attached.
WAA Price at posting:
$1.04 Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)