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  • WAM Capital Limited

    Making investments in listed companies.

    WAM$1.465
     -0.005 -0.34%

    Data last updated:May 17, 2024 – 3.58pm. Data is 20 mins delayed.

    Previous Close

    1.470

    Open

    1.470

    Day Range

    1.465 - 1.480

    52 Week Range

    1.390 - 1.720

    Volume

    702,402

    Value

    1,033,357

    Bid

    1.465

    Ask

    1.470

    Dividend Yield

    0.00%

    P/E Ratio

    0.00

    Market Cap

    1.642B

    Total Issue

    1,113,337,912

    ASX Announcements

    Change in substantial holding for ANG

    Change in substantial holding

    • May 13, 2024
    • 7 pages

    April 2024 Investment Update

    Periodic Reports - Other, Net Tangible Asset Backing

    • May 8, 2024
    • 3 pages

    Extension of Investment Management Agreement

    Company Administration - Other

    • May 7, 2024
    • 1 page

    Appendix 3Y Change in Directors Interest - J Chirnside

    Change of Director’s Interest Notice

    • May 1, 2024
    • 2 pages

    Application for quotation of securities - WAM

    Appendix 2A (Application for Quotation of Securities)

    • Apr 30, 2024
    • 6 pages

    View all WAM announcements

    March

    Cettire shares traded as high as $4.90 last month.

    WAM loads up on Cettire, likening the ‘noise’ to Afterpay

    The fund manager has bought shares in the online retailer every day over the past week amid a broader bullish call on the ASX’s consumer discretionary sector.

    • Alex Gluyas

    January 2023

    Angus Barker has joined franking credit champions WAM Capital.

    Labor’s franking credit proposal will spark ‘return to bad old days’

    Angus Barker, a former chief of staff to ex-financial services minister Jane Hume, has joined WAM Capital and warns against chipping away at dividend franking.

    • Lucy Dean

    September 2022

    While ETFs are all the rage and growing by billions of dollars, listed investment companies (LICs) are like the forgotten old-timers of the ASX.

    Bargain-hunting opportunities for the brave

    Taking a punt on the underlying assets of some listed investment companies is a strategy that could pay off, but there are risks in premium and discount distortions.

    • Emma Rapaport

    May 2022

    Jai Hindley with the famed Giro trophy on Sunday.

    Jai Hindley’s Giro d’Italia win boosts Wollongong World Championship

    As the cycling world celebrated the second Australian to win a Grand Tour, backers of the UCI road cycling event in September couldn’t hide their smiles, either.

    • Michael Bleby
    Street Talk.

    Euroz clears out $105m WAM Capital stake

    It looks like stockbroker Euroz Hartleys has dropped the last of its stake in listed investment company WAM Capital on Wednesday. 

    • Anthony Macdonald, Sarah Thompson and Kanika Sood
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    February 2022

    Hunting value in reporting season will be a tricky business.

    WAM Capital hunts earnings surprises among beaten-up stocks

    WAM Capital is sticking with its bet on Australia’s post-COVID-19 reopening and believes some pockets of the ASX have been oversold.

    • Updated
    • James Thomson

    January 2022

    BHP shareholders will vote on unification on January 20.

    WAM backs BHP’s unification plan

    Wilson Asset Management will vote in favour of BHP’s unification plan and says CSL shares could provide a clue as to how Australian indices will be affected.

    • Peter Ker

    December 2021

    Geoff Wilson of Wilson Asset Management said: “The LIC industry has significant room for continued growth.”

    Triple LIC merger between WAM Capital, Westoz, Ozgrowth

    Geoff Wilson’s WAM Capital will acquire both listed investment companies in an accretive deal that takes the larger LIC to $2 billion in assets.

    • Vesna Poljak
    PM Capital’s Paul Moore.

    PM Capital’s Moore battles Wilson’s LIC swoop

    Despite a setback from the Takeovers Panel, PM Capital chairman Paul Moore says Asian Opportunities Fund shareholders need to reject an offer from WAM Capital.

    • William McInnes

    October 2021

    Geoff Wilson says it is “poor form” to have a $500,000 break fee in the merger of two listed investment companies managed by PM Capital.

    LIC fight pits Wilson against Moore

    Two leading fund managers – Geoff Wilson and Paul Moore – have taken their battle for control of a listed investment company to the Takeovers Panel.

    • Updated
    • Tony Boyd

    August 2021

    Geoff Wilson’s flagship listed investment company WAM Capital beat the Small Ordinaries Index by 4.3 per cent.

    WAM Capital beats benchmark as it positions for reopening

    Having benefited from the surge in e-commerce stocks last year, WAM Capital’s portfolio is now heavily exposed to the tourism and construction sectors.

    • Alex Gluyas

    January 2021

    Optus plans to retain the Amaysim brand.

    Amaysim shareholders back sale of mobile assets to Optus

    The company will be wound up by May, given it will no longer have a source of revenue, after selling its energy assets to AGL last year.

    • Lucas Baird

    December 2020

    Zinurova joined WAM in October after a "weird" recruitment process that got underway in the midst of the pandemic.

    Why battery storage offers 'huge opportunity' for investors

    Battery storage has emerged as one of the most compelling investment opportunities in energy infrastructure, according to Wilson Asset Management's portfolio manager Dania Zinurova.

    • Luke Housego
    WAM chairman Geoff Wilson has bid to buy all ordinary shares of mobile virtual network operator Amaysim.

    Geoff Wilson's WAM Capital bids for Amaysim

    WAM Capital has offered to buy 100 per cent of soon-to-be retired telco Amaysim, in a move to acquire new investors and maximise franking credits.

    • Updated
    • James Fernyhough
    Wilson Asset Management founder Geoff Wilson has found another source of juicy franking credits.

    Geoff Wilson's Amaysim bid channels Warren Buffett

    Geoff Wilson's opportunistic bid for mobile business Amaysim sets a higher bar for any counter offers. It also marks a new phase in his management of permanent shareholder capital.

    • Tony Boyd
    Advertisement

    September 2020

    Dominic Lorrimer

    Geoff Wilson's franking battles aren't over

    Asked how he finds time for his recent agitations, Geoff Wilson shrugged them off, saying they're "nothing compared to the franking campaign". 

    • Myriam Robin

    March 2020

    Geoff Wilson says we could face as much as 18 months of economic dislocation from the virus outbreak.

    Cut rates to help 'fractured' confidence: Wilson

    Veteran investor Geoff Wilson says a rate cut is needed on Tuesday to help support markets and the economy - even if it might not be that effective.

    • James Thomson

    November 2019

    Westpac might be worth a very short-term punt says Wilson Asset Management.

    Buy Westpac for a week - then get out: WAM tells shareholders

    The fund manager says big miners BHP, Rio and Fortescue are all set for better times but investors in the major banks are in for a rough ride.

    • Simon Evans

    October 2019

    Fund manager Geoff Wilson's investment company has tripled profits and income in the 2019 financial year.

    Geoff Wilson triples profits amid franking credits crusade

    The 2019 financial year was good to fund manager Geoff Wilson, catapulting him onto the national political scene as his investment companies tripled profits.

    • Aleks Vickovich

    July 2019

    Wilson Asset Management founder Geoff Wilson was blind sided by the Federal Reserve's U-turn on rates.

    Geoff Wilson's funds weather worst year in decade

    Wilson Asset Management’s flagship fund underperformed the index by 9 per cent in fiscal 2019. It was only the third time in 20 yearsit has missed its benchmark, and Bill Shorten is partly to blame.

    • Tony Boyd

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