Its what some of us have been saying for months. The genuine true long term investor want to see, sentiment as doom and gloom. This is a rare once in a decade opportunity to buy a debt free billion dollar commodity stock riding a boom.
If you cant see that the BOD are positioning this stock to be a Long Term div Stock then you are plainly stupid.
The BOD of are trying to use this spike to drop debt reduce liquidity and end up a company that pays huge divs even if the Coal price is over US $180.000 after the BB this will be income stock to hold for 20 years.
Ann: Update - Notification of buy-back - WHC, page-14
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Last
$6.14 |
Change
-0.390(5.97%) |
Mkt cap ! $5.136B | |||
| Open | High | Low | Value | Volume |
| $6.20 | $6.26 | $6.12 | $61.80M | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 96294 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 2641 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |