It is part of the NTA, you are buying WAX and the profits reserve with your own money. In my opinion, this is how I feel: you are paying for dividends/profits reserve upfront, which then be paid to you (paying yourself). You are betting that this profits reserve and WAX's portfolio would continue to grow.
It is part of the NTA, you are buying WAX and the profits...
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 (20min delay)
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Last
$1.05 |
Change
-0.015(1.41%) |
Mkt cap ! $214.2M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.05 | $454.0K | 430.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7078 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 13000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.015 ( 1.41 %) |
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| Open | High | Low | Volume | ||
| $1.06 | $1.06 | $1.05 | 96777 | ||
| Last updated 15.57pm 14/05/2024 ? | |||||
| WAX (ASX) Chart |