WGB 0.88% $2.24 wam global limited

why are the option's sp sold down., page-5

  1. 548 Posts.
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    WGB have been absolute dogs in the last month, down 4.5% v market up ( say VESG as a proxy) 5%, so WTF is going on??

    It seems like the acquisition has cost performance???

    I was burned badly on the oppies, but managed to dump last friday at 5.1c.

    When WGB go ex tomorrow, they will trade at 2.47, so the options will be 7c out of the money. So to get back to 4c that will be a long climb.

    I also bought WGB yesterday too both for the divvy and as a value play

    You win some....

    Good Luck

    Wazz

 
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