Ann: Becoming a substantial holder from WAM, page-26

How could it have been a better go ?
My naive understanding of how it all works is to think that if the WAM group wants to grow to have twice the funds under management as they have flagged, then tapping their existing holders has a limited chance of doing that...(and we have an increase in SMSF holders who maybe a little more circumspect/ nervous about trust in the market) also i think that the instos having bought MORE than we did at the same price isnt a bad thing,its a vote of confidence. we all paid JUST over NTA...my original buy was @ 1.95 and i didnt bother to try and make a quick gain buying /selling eaqual amounts . i want all of them.
Too often I have seen instos getting a favourable discount to existing holders...
so if we have more F.U.M. WAMGROUP reduce their operating costs good for everyone. i expect they will continue to be proactive, as management do have skin in the game.

anyway just my take...