WAM was only successful on CLF AYS etc because it trades at a premium. This new fund will most likely trade at a discount so will need to be a lot more active in order to be successful in making changes to the funds it invests in. Its a good idea for the Wilson stable of funds as WAM capital is getting a bit too big. Its a wait and see. Expect it to trade at a discount until it finds its feet. Good for longer term hold if you are looking for a low investment risk with okish returns.
WAM was only successful on CLF AYS etc because it trades at a...
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Last
$1.53 |
Change
0.015(0.99%) |
Mkt cap ! $1.697B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.51 | $934.4K | 614.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 64500 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 72526 | 5 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| WAM (ASX) Chart |