I did not expect WA to have these problems - I cannot see that they have ever admitted it was a problem. This is in stark contrast to Websters (WBA) - Walnuts and onions and they increased results but raised capital. SHV pays a dividend and then says they need a partner to get WA to optimum and no cash raising.
I own both and would prefer to invest in almonds yet this is the other way around. I would much rather have seen a rights issue at $1.00 and seen if we could not paddle our own canoe.
Not sure what I think just yet. Why do companies pay dividends when they should be conserving cash.
Surandy is the expert await his comment.
Ann: 2012 Results Presentation , page-3
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Last
$3.87 |
Change
0.000(0.00%) |
Mkt cap ! $531.3M | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.88 | $3.82 | $10.24M | 2.660M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 12896 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 3341 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| SHV (ASX) Chart |