Insider Buying: WCM Global Growth Ltd (ASX:WQG) Insider Purchases A$258,500.00 in Stock
WCM Global Growth Ltd (ASX:WQG) insider Stephen (Steve) Merlicek purchased 235,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The shares were purchased at an average cost of A$1.10 ($0.78) per share, with a total value of A$258,500.00 ($183,333.33).
ASX WQG opened at A$1.13 ($0.80) on Tuesday. WCM Global Growth Ltd has a 52-week low of A$1.03 ($0.73) and a 52-week high of A$1.42 ($1.00). The business’s 50-day moving average price is A$1.12.
The company also recently declared a Final dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 16th will be issued a dividend of $0.02 per share. The ex-dividend date is Monday, August 5th. This represents a yield of 1.75%.
Contango Global Growth Limited is an equity mutual fund launched by Contango International Management Pty Ltd. The fund is managed by WCM Investment Management. It invests in public equity markets of emerging countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.
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