WAM Income Maximiser Limited (ASX: WMX)
Market cap: A$467M (as of 2 Nov 2026)
WAM Income Maximiser is a listed investment company that aims to provide monthly franked dividends and capital growth to shareholders by investing in Australiaâs highest quality companies and corporate debt instruments.
Data as of 2 Nov 2026.
Recent capital raises
Substantial holders — latest moves
| Date | Holder | Move | Holding | Source |
|---|---|---|---|---|
| 2 June 2021 | Wilhelm K.T. Zours (via Deutsche Balaton Aktiengesellschaft, 2invest AG, Sparta AG, AEE Gold AG, Heidelberger Beteiligungsholding AG, DELPHI Unternehmensberatung Aktiengesellschaft, VV Beteiligungen Aktiengesellschaft) | Decrease | 37.53% → 34.91% | Filing ↗ |
| 27 May 2021 | DELPHI Unternehmensberatung Aktiengesellschaft (with associates: Deutsche Balaton Aktiengesellschaft, VV Beteiligungen Aktiengesellschaft, 2invest AG, Sparta AG, AEE Gold AG, Heidelberger Beteiligungsholding AG, Wilhelm K.T. Zours) | Increase | 36.34% → 37.53% | Filing ↗ |
| 16 Dec 2020 | UBS Group AG and its related bodies corporate | Exit | — | Filing ↗ |
| 9 Oct 2020 | Wiluna Mining Corporation Limited (Sparta AG, Deutsche Balaton Aktiengesellschaft, WV Beteiligungen Aktiengesellschaft, DELPHI Unternehmensberatung Aktiengesellschaft, Wilhelm K.T. Zours) | Increase | 36.34% → ?% | Filing ↗ |
| 7 Oct 2020 | Sparta Invest AG, Sparta AG, 2invest AG, Deutsche Balaton Aktiengesellschaft, VV Beteiligungen Aktiengesellschaft, DELPHI Unternehmensberatung Aktiengesellschaft, Wilhelm K.T. Zours | Increase | 33.48% → 34.85% | Filing ↗ |
Director trades — on-market
| Date | Director | Trade | Source |
|---|---|---|---|
| 28 Aug 2026 | GEOFFREY J. WILSON | Bought 1,376,459 Ordinary Shares | Filing ↗ |
| 17 Apr 2026 | KATE THORLEY | Bought 7,500 Ordinary Shares | Filing ↗ |
| 18 Mar 2026 | GEOFFREY J. WILSON | Bought 69,280 Ordinary Shares | Filing ↗ |
| 21 Dec 2020 | Milan Jerkovic | Bought 35,000 | Filing ↗ |
| 8 Dec 2020 | Milan Jerkovic | Bought 35,000 | Filing ↗ |
Cash and runway
| Metric | Value | As of | Source |
|---|---|---|---|
| Cash | A$11M | 31 Mar 2021 | Filing ↗ |
Latest cash figure is from 31 Mar 2021 and may predate a later quarterly filing.
Latest guidance
| Date | Period | Guidance | Source |
|---|---|---|---|
| 10 Nov 2025 | Q1FY26 | November and December monthly ff div, CY2026 ff div guidance | Filing ↗ |
Ask about WMX in Claude or ChatGPT
Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:
- Has WMX raised money in the last year, and at what discount?
- What was WMX's latest cash position and runway?
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