A hat tip in your direction Sir.
As @Burgerbuns quite rightly stated WES is a quality compounder.... just read the annual report and you will read "The Wesfarmers Way" is to return a satisfactory return to shareholders.... the primary objective.
The longer you invest the more you see absolute trash companies who have management and directors that only act to serve themselves- it should be criminal and punishable by law.
WES, like a few other companies that employ management because they demonstrate great capitol allocation skill, are all that you need to have a relatively risk free , financially rewarding portfolio. KISS principle personified.
Ann: 2024 Strategy Briefing Day presentation, page-9
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Last
$70.10 |
Change
-0.280(0.40%) |
Mkt cap ! $79.50B | |||
| Open | High | Low | Value | Volume |
| $70.73 | $71.12 | $69.68 | $68.48M | 976.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2394 | $70.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.15 | 5423 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| WES (ASX) Chart |