"Why dont they do their own spinnoffs of their various businesses to their shareholders........."
Thats not what Wesfarmers do.
They buy businesses cheap.
They improve them.
They sell if a) someone offers a good price b) they cant improve them further
Return Cash to shareholders.
Wesfarmers invented the Listed version of the Private Equity Caper, before people had heard of Private Equity.
undervalued takeover target, page-5
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Last
$70.59 |
Change
0.160(0.23%) |
Mkt cap ! $80.06B | |||
| Open | High | Low | Value | Volume |
| $70.25 | $70.59 | $69.83 | $65.62M | 931.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3506 | $70.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.59 | 1965 | 2 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| WES (ASX) Chart |