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The latest update is out from WAM Alternative Assets Ltd ( (AU:WMA) ).
WAM Alternative Assets Ltd has disclosed a change in director Kym Evans’ indirect interest in the company’s shares. The holding, via associated entities including a family trust and superannuation fund, increased by 2,170 ordinary shares to a total of 72,410 shares.
The additional shares were issued under the company’s dividend reinvestment plan at a valuation of about $2,106.57, reflecting the director’s continued participation in capital recycling rather than an on-market purchase. The company confirmed that the transaction did not occur during a closed period, implying there were no special clearance or governance concerns attached to the change.
More about WAM Alternative Assets Ltd
WAM Alternative Assets Ltd is an Australian listed investment company focused on alternative assets. It provides investors with exposure to a diversified portfolio outside traditional equities, aiming to deliver income and capital growth through strategies such as private equity, real assets and other non-traditional investments.
Average Trading Volume: 158,311
Technical Sentiment Signal: Strong Buy
For an in-depth examination of WMA stock, go to TipRanks’ Overview page.