WAK
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2.00% 4.9¢ wa kaolin limited

Ann: Share Purchase Plan Results, page-9

  1. max1997
    128 Posts.
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    30/12/22
    08:21
    Post #: 65476902
    At some point this will become unpalatable. The original owners have substantial share holdings out of the float and very generous options and bonuses. Over time the company and other shareholders may want to evaluate how to minimise this royalty payment or possibly buy it out.

    Seems a little like having their cake and eating it too.
    WAK Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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