WSI 3.85% 13.5¢ weststar industrial limited

WSI, page-35

  1. 4,601 Posts.
    lightbulb Created with Sketch. 166
    the directors of this company are sitting well.
    it is my opinion that they are comfortable with thier director and management fees.
    i do t believe they are trying to expand without sufficient solid reward. they live in WA ..and expanding means travel and long distance headaches. all going well now ( i hope)
    what i would like to see is a dividend.
    the money is there, but dividends are maybe not as important to them as a stronger balance sheet.
    it is a tough business. if something goes wrong, it can have significant consequences.
    Still news would be good...much more news
 
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