are you sure? According to their website they hold around 1%, actually they hold around 1% of most stocks in the asx300.
off topic - it makes me so angry that our government squandered our mining boom revenue, when they should have setup a sovereign wealth fund. It could have been worth over a trillion today, like the Nords. Instead our Pollies just over promise and over spend to buy short term election votes, and the general population is too dumb to see what we could be doing for our future.
- the future fund doesn’t count, while it’s great, it’s merely their for the under funded overly generous government defined benefit schemes. Not for the good of the general public.
WPL Price at posting:
$34.99 Sentiment: Hold Disclosure: Held