Dilution from capital raisings? I personally don't see it. The balance sheet may have $1.2bn in debt, but they also have $500m in cash and thanks to Central Banks they can access new lines of credit easier than ever before.
Despite margins likely to fall somewhat - due to increased competition as well as pressure from the cost side - they're still a heavily profitable business with cash cows. The question for me is more about 'how long will this persist' - according to MOFCOM it should be 4 months (potentially 9 but the rules seem unlikely to allow that), but I suspect for geopolitical reasons it will be longer. It won't however be forever...
What is TWE Worth Ex-China?, page-140
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Last
$12.11 |
Change
0.030(0.25%) |
Mkt cap ! $9.826B | |||
| Open | High | Low | Value | Volume |
| $12.05 | $12.15 | $12.02 | $16.32M | 1.348M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12466 | $12.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.11 | 7565 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| TWE (ASX) Chart |