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2.30%

$1.49 wam capital limited

Agree the premiums charged will be examined closer, making...

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polpak

1,894 Posts.

17

13/05/19

07:47

Post #: 38529686
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Originally posted by WangChung: ↑

I don’t think it’s the end of LICs, by any stretch of the imagination.

But I can’t see too many new ones being launched for a while (probably a good thing, as there seem to have been too many come to market in recent years)

What is happening though is that the premium people are willing to pay to buy into a LIC has been shrinking over the past few months, presumably in reflection of the likely change in the franking credit rules under Labor. And it’s not just the Wilson stable of LICs that are being affected. Traditional LICs (Argo, Australian Foundation etc) have also seen their premium reduce.

Maybe one last flush out this week before the election, but who would know.

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Agree the premiums charged will be examined closer, making mergers and acquisitions likely.

Which do others feel WAM may become...

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WAM Price at posting: $1.98 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.49		Change -0.035(2.30%)		Mkt cap ! $1.649B

Open	High	Low	Value	Volume
$1.52	$1.52	$1.48	$3.023M	2.027M

Buyers (Bids)

No.	Vol.	Price($)
3	16477	$1.49

Sellers (Offers)

Price($)	Vol.	No.
$1.50	2658	1

View Market Depth

No.	Vol.	Price($)
2	15277	1.490
1	650	1.485
14	74596	1.480
8	94824	1.475
24	288280	1.470

Price($)	Vol.	No.
1.500	45159	4
1.510	5000	1
1.520	116156	4
1.525	144997	6
1.535	30655	2

Last trade - 16.10pm 19/04/2024 (20 minute delay)


Last $1.50			Change -0.035 ( 1.31 %)
Open	High		Low	Volume
$1.51	$1.51		$1.48	888342
Last updated 15.56pm 19/04/2024 ?

WAM (ASX) Chart