How to buy WAM Leaders shares | A$1.205

WAM Leaders Limited is an asset management business based in Australia. WAM Leaders shares (WLE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.205 – a decrease of 3.98% over the previous week. and has a market cap (total outstanding shares value) of $993.1 million.

How to buy shares in WAM Leaders

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for WAM Leaders . Find the share by name or ticker symbol: WLE. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until WAM Leaders reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $1.205, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of WAM Leaders . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted WAM Leaders 's share price?

Since the stock market crash in March caused by coronavirus, WAM Leaders 's share price has had significant negative movement.

Its last market close was $1.205, which is 6.95% down on its pre-crash value of $1.295 and 59.60% up on the lowest point reached during the March crash when the shares fell as low as $0.755.

If you had bought $1,000 worth of WAM Leaders shares at the start of February 2020, those shares would have been worth $626.98 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $956.35.

WAM Leaders share price

Use our graph to track the performance of WLE stocks over time.

WAM Leaders shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$1.205
52-week range	AUDA$0.76 - AUDA$1.325
50-day moving average	AUDA$1.1972
200-day moving average	AUDA$1.1139
Target price	N/A
PE ratio	184.5588
Dividend yield	AUDA$0.07 (5.35%)
Earnings per share (TTM)	AUDA$0.201

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy WAM Leaders stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of WAM Leaders Limited by TradingView

WAM Leaders price performance over time

Historical closes compared with the close of A$1.205 on 2020-10-22

1 week (2020-10-23)	0.42%
1 month (2020-10-01)	-2.03%
3 months (2020-07-31)	5.24%
6 months (2020-05-01)	21.11%

1 year (2019-10-31)	2.12%
2 years (2018-10-31)	8.56%
3 years (2017-10-31)	6.17%
5 years (2015-10-27)	N/A

Is WAM Leaders under- or over-valued?

Valuing WAM Leaders stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of WAM Leaders 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

WAM Leaders 's P/E ratio

WAM Leaders 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 185x. In other words, WAM Leaders shares trade at around 185x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

WAM Leaders financials

Gross profit TTM	$0
Return on assets TTM	0%
Return on equity TTM	0%
Profit margin	0%
Book value	N/A
Market capitalisation	$993.1 million

TTM: trailing 12 months

WAM Leaders share dividends

Dividend payout ratio: 650% of net profits

Recently WAM Leaders has paid out, on average, around 650% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), WAM Leaders shareholders could enjoy a 5.35% return on their shares, in the form of dividend payments. In WAM Leaders 's case, that would currently equate to about A$0.07 per share.

WAM Leaders 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 18 October 2020 (the "ex-dividend date").

WAM Leaders overview

WAM Leaders Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by MAM Pty Limited. It invests into public equity and fixed income markets of Australia. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in value stocks of large- cap companies on the S&P/ASX 200 Index. The fund employs fundamental analysis, with focus on bottom-up research to create its portfolio. WAM Leaders Limited was formed on April 12, 2016 and is domiciled in Australia.

Frequently asked questions

• What percentage of WAM Leaders is owned by insiders or institutions?

  Currently 6.999% of WAM Leaders shares are held by insiders and 1.809% by institutions.

• When does the fiscal year end for WAM Leaders ?

  WAM Leaders 's fiscal year ends in June.

• Where is WAM Leaders based?

  WAM Leaders 's address is: Level 26, Sydney, NSW, Australia, 2000