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The latest announcement is out from WAM Alternative Assets Ltd ( (AU:WMA) ).
WAM Alternative Assets Limited announced an increase in its investment portfolio performance, driven by its exposure to water, with an annual growth of 8.7% since October 2020. The company is preparing for its 2025 Annual General Meeting, where shareholders will vote on the potential termination of its Investment Management Agreement with Wilson Asset Management and the liquidation of the company. The board recommends voting against the termination to maintain access to its unique investment offerings. The company has declared a fully franked final dividend of 3.0 cents per share, reflecting its commitment to providing consistent returns with lower risk levels.
More about WAM Alternative Assets Ltd
WAM Alternative Assets Limited is a company focused on providing unique investment opportunities beyond traditional assets. It offers a diversified portfolio of alternative assets, including private equity, infrastructure, water, real estate, agriculture, and private debt, typically available only to institutional investors.
Average Trading Volume: 200,872
Technical Sentiment Signal: Strong Buy
See more data about WMA stock on TipRanks’ Stock Analysis page.