WAM 1.00% $1.52 wam capital limited

Investment help, page-33

  1. 2,072 Posts.
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    Expensive???
    At 0.07% per annum it is the cheapest ETF by far.
    No offence, but you don't understand investing if you think a $100 stock is more expensive than a $50 stock. It's all relative to earnings and the number of shares on issue. A speccy mining company with a billion 10 cent shares and no profit is infinitely more expensive than a $100 share on a PE ratio of 15.
 
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