WAX wam research limited

Why buy at this price?

  1. 211 Posts.
    lightbulb Created with Sketch. 1
    Can someone explain to me why anyone would pay $1.60 for this LIC when it's NTA is less than $1.30?
    I understand that they have about 3-4 years of guaranteed dividends but buying at such a premium doesn't make sense.
 
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(20min delay)
Last
$1.19
Change
-0.005(0.42%)
Mkt cap ! $245.3M
Open High Low Value Volume
$1.19 $1.20 $1.18 $137.3K 116.1K

Buyers (Bids)

No. Vol. Price($)
2 26458 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.20 18353 1
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Last trade - 15.58pm 29/07/2025 (20 minute delay) ?
WAX (ASX) Chart
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