Yes, good points, and I believe Geoff Wilson made the same points himself about buying at a premium, and that he would not buy at these prices.
I am concerned about the possibility of a large correction, but the ASX is not exactly over priced at 5400, but I guess anything is possible with the US market.
I will keep an eye on WAX, and if it gets below NTA, I will buy. Another scenario however could be the start of a bull market, which the premium to NTA have been high, and lower during the bull run?
WAX Price at posting:
$1.17 Sentiment: Buy Disclosure: Not Held
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