WSA western areas limited
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are we getting to cheap, page-12

  1. Plucker
    1,120 Posts.
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    14/02/11
    21:27
    Post #: 7890032
    Marino,

    I feel the same as you. This is from their Diggers & Dealers presentation in August 2010:

    DIVIDEND POLICY: 50% net profit after tax

    They lied!

    I think they should come clean and state what their "new" dividend policy is (and promise to stick to it).
    WSA Price at posting: $6.52 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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