How to buy WAM Microcap shares | A$1.595

WAM Microcap Limited is an asset management business based in Australia. WAM Microcap shares (WMI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.595 – an increase of 0.63% over the previous week. and has a market cap (total outstanding shares value) of $221.9 million.

How to buy shares in WAM Microcap

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 Microcap . Find the share by name or ticker symbol: WMI. 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 Microcap 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 $1.595, 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 Microcap . 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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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted WAM Microcap 's share price?

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

Its last market close was $1.595, which is 0.94% up on its pre-crash value of $1.58 and 94.51% up on the lowest point reached during the March crash when the shares fell as low as $0.82.

If you had bought $1,000 worth of WAM Microcap shares at the start of February 2020, those shares would have been worth $592.33 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 $1,111.49.

WAM Microcap share price

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

WAM Microcap shares at a glance

• Key figures

Information last updated 2020-10-13.

Latest market close	AUDA$1.595
52-week range	AUDA$0.82 - AUDA$1.675
50-day moving average	AUDA$1.5254
200-day moving average	AUDA$1.3172
Target price	N/A
PE ratio	5.872
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.2495

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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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 Microcap 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 Microcap Limited by TradingView

WAM Microcap price performance over time

Historical closes compared with the close of A$1.595 on 2020-10-19

1 week (2020-10-12)	0%
1 month (2020-09-18)	4.25%
3 months (2020-07-17)	14.75%
6 months (2020-04-17)	41.15%

1 year (2019-10-18)	13.93%
2 years (2018-10-19)	11.54%
3 years (2017-10-19)	16.85%
5 years (2015-10-15)	N/A

Is WAM Microcap under- or over-valued?

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

WAM Microcap 's P/E ratio

WAM Microcap 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, WAM Microcap shares trade at around 6x recent earnings.

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

WAM Microcap financials

Gross profit TTM	$0
Return on assets TTM	0%
Return on equity TTM	0%
Profit margin	0%
Book value	N/A
Market capitalisation	$221.9 million

TTM: trailing 12 months

WAM Microcap share dividends

We're not expecting WAM Microcap to pay a dividend over the next 12 months.

WAM Microcap overview

WAM Microcap Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It invests in stocks of companies operating across diversified sectors. The fund invests in value and growth stocks of micro-cap companies with a market capitalization of less than $300 million. It employs fundamental and quantitative analysis with bottom-up approach focusing on factors such as free cash flow, return on equity, quality of the potential investee company, management, earnings growth potential, valuation, and industry position to make its investments. The fund conducts in-house research to create its portfolio. WAM Microcap Limited was formed on May 15, 2017 and is domiciled in Australia.

Frequently asked questions

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

  Currently 10.923% of WAM Microcap shares are held by insiders and 0.382% by institutions.

• When does the fiscal year end for WAM Microcap ?

  WAM Microcap 's fiscal year ends in June.

• Where is WAM Microcap based?

  WAM Microcap 's address is: 139 Macquarie Street, Sydney, NSW, Australia, 2000