WAM Microcap Limited (WMI.AX)
WAM Microcap Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.40, down 5.42% on the session, giving a market capitalisation of $392.5M. Its beta of 0.68 implies it has historically moved less than the broad market.
WAM Microcap Limited operates as a closed-end equity investment vehicle, overseen by MAM Pty Limited. Its strategy involves allocating capital to publicly traded Australian companies across diverse sectors. The fund focuses on micro-capitalization firms, specifically those with a market value below $300 million, targeting both value and growth opportunities. Employing a rigorous bottom-up approach, its investment process integrates fundamental and quantitative analysis. Decisions are based on a thorough evaluation of factors such as free cash flow generation, return on equity, management caliber, earnings growth potential, overall company quality, valuation multiples, and industry competitive position. This portfolio is constructed using proprietary in-house research. WAM Microcap Limited was founded in Australia on May 15, 2017.
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