WAM Capital

WAM Capital SPP, would you recommend taking up the offer at $2.14 or do you consider the price too far above the NTA? Paul Rickard has indicated that he doesn’t think it a good buy at the current market price for this reason.

A: Thanks for the question.

I don’t think the NTA is going to close too quickly – so I would be inclined to take it up. Maybe you sell first, and buy back in the SPP.
If I had surplus cash and wanted to invest in the market, I would put it elsewhere.


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