It amazes me what the price action has done. It did better before FMG contract, are we missing something?
Yes FMG was one big contract and perhaps the market wants to see more of those, but price is not justified at these levels IMO. What management do with the cash is important - I don't mind an acquisition on the east coast as at least from a brand perspective it opens up those avenues for east coast investors. However even here in the West, WSI isn't a "brand name". More big contracts will help that, QLD seems like the likely market given similarities in industries.
Ann: Preliminary Final Report, page-60
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $15.89M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $19.53K | 146.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119148 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 4149 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WSI (ASX) Chart |