Can anyone explain why WAX (previously WIL) trades at such a discount to NTA as compared with sister LICs WAM and WAA?
My thoughts are that investors have not yet grasped that with the name change, there has been a change in strategy. It is no longer a buy and hold LIC. It has also moved from large blue chips to the Wilson high expertise area of small to mid caps. Its portfolio is not hughly different to WAM.
At a 15% discount to NTA, an 8.7% FF dividend and one of the best stock picker managers going around, it looks like money for jam. Am I missing something?
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Last
$1.22 |
Change
0.005(0.41%) |
Mkt cap ! $252.6M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.23 | $1.22 | $16.14K | 13.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16498 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 4922 | 3 |
View Market Depth
| Last trade - 11.38am 07/08/2025 (20 minute delay) ? |
| WAX (ASX) Chart |