msx, that would seem to be the case. as there was no scale-back that to me suggests that it was not oversubscribed. Maybe people wonder how the 'team' will go with a global LIC.
I may have made an error of judgement when I didnt take up my offering for that reason but as i expect at least a 3% div from WAM in the next 6 months I saw no reason to risk that on a possibly smaller div from WGB within the first 12 months.Plus the cap gains in selling wasnt what I wanted to shuffle around. A bird in the Hand etc.
Maybe the $2.20 was put off?
As someone else in another WAM thread suggested that Geoff Wilson alluded to selling WAM, which was at a strong premium to NTA, and move money into WGB. It wouldnt be the first time I have heard of him saying that about WAM/WAX premiums.
GLTAH.
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$2.22 |
Change
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Mkt cap ! $788.6M |
Open | High | Low | Value | Volume |
$2.23 | $2.23 | $2.21 | $1.333M | 600.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30292 | $2.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.23 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30292 | 2.220 |
1 | 50 | 2.210 |
13 | 78530 | 2.200 |
4 | 17566 | 2.190 |
5 | 45917 | 2.180 |
Price($) | Vol. | No. |
---|---|---|
2.230 | 1000 | 1 |
2.240 | 27522 | 2 |
2.250 | 184793 | 2 |
2.260 | 27177 | 3 |
2.270 | 14693 | 2 |
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