Target Reached

WAM Capital Limited

October 14, 2019 - 3 months ago
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Action Sell
Term 15 Days
Called At $2.31
Target $2.19
Current Price N/A
Performance 5.19%

Technical outlook – By the technical appearance, WAM Capital Limited (WAM) is likely to play-out to a bearish tone this week, before the technical signals fully mature back to a supportive ‘buy call’. The downside trajectory holds to the region of $2.19, before stirring up the bullish pack.

Company Overview – WAM Capital Limited (WAM) is a listed investment company managed by Wilson Asset Management (International) Pty Limited. WAM provides investors exposure to an actively managed diversified portfolio of undervalued growth companies which are generally found in the small to the medium industrial sector and provides exposure to relative value arbitrages and market mispricing opportunities.

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