Eclipx continues to shine
Fleet management company Eclipx (ASX: ECX), which listed on the ASX on 22 April 2015, delivered an interim net profit after tax excluding amortisation result of $23.8 million. The company also announced it is on track to meet prospectus forecasts for the 2015 financial year. We participated in the IPO and have continued to increase our exposure as we believe the industry is solid and the company stands to benefit from an excellent management team that has a proven track record.
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...