the reason behind this whole mess is because of a thing called the credit crisis.
bottom line, market does not like debt.
proof ... property trusts, investment banks, highly leveraged coy's (WES) = all hammered
on the other hand we have WOW who has conservative debt levels (that could be reapid within 1 year if divies where suspended). Near recession proof business, we still need to eat. market leader in its industry. AND lets not forget the falling interest rate = increased NP.
WOW trading at 3.7% F.F divie yeild will look cheap once interest rates fall below 3%
Joe has jumped in at 26
against the retail tide, page-4
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Last
$34.17 |
Change
-0.130(0.38%) |
Mkt cap ! $41.74B | |||
| Open | High | Low | Value | Volume |
| $34.33 | $34.69 | $34.07 | $77.40M | 2.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2923 | $34.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.19 | 4889 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |