Geoff Wilson should have more time for ice baths and franking credits lobbying, as his WAM Leaders parks its mooted $731.5 million raising amid falling markets.
and franking credits lobbying, as his WAM Leaders parks its mooted $731.5 million raising amid falling markets.WAM Leaders, which kicked off the raising on March 6 after outperforming the ASX 200 by the 11.5 per cent over three years, had to pull the plug on Wednesday morning.
Between then and Tuesday’s close – a period of turmoil for central bankers and investors alike as Silicon Valley Bank, Signature Bank, First Republic and Credit Suisse ran into trouble – the ASX 200 fell by 5.5 per cent. It’s harder to gauge the fluctuation in the all-important NTA . The LIC publishes the numbers only once a month, but market sources reckon WAM Leaders’ NTA would have gone from $1.48 at February end to $1.43 at Tuesday’s close – the bookends between when the raising was priced and pulled.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mark Dreyfus accuses federal Coalition leaders of ‘complete silence’ on neo-Nazis in parliamentary clashPeter Dutton joined condemnation of Nazi glorification but did not weigh in on MP Moira Deeming’s attendance at rally
Read more »
The three big questions Australia’s leaders must answer about the Aukus deal | Gareth EvansThe public has a right to know why we are making such a drastic shift in our defence strategy and spending, writes Australia’s former foreign minister
Read more »
Corporate Kate: Princess stuns business leaders in white power suitKate Middleton has continued to promote her Shaping Us campaign by holding a business taskforce meeting on early childhood development with a range of leaders from major British companies.
Read more »
Multicultural community leaders want more collaboration with charitiesAustralia's migrant communities want charity and not-for-profit organisations raising funds for international causes to work more closely with them to help them get more bang for their buck.
Read more »
Australia out of G7 doghouse, Albanese invited to JapanMay looms as a busy month for Anthony Albanese to meet world leaders, with King Charles’ coronation, G7 and hosting of Quad leaders summit.
Read more »