With the New Year upon us any guesses or calculations on what the 2nd Qtr will look like. So far they haven't downgrade production guidelines for the FY this qtr but I suspect we had some weather delays in there so I think it will be better than 1st qtr but not as strong as it could be in the 3rd and 4th qtr.
I also think realized prices will be lower and more in line with June 30 report.
Production 4.8
Sales 4.2
Average Price $A470/ton
Net cash produced 1.7b
If they put 1/3 of that into a Dividend with say 900m shares on issue by then we would look at $0.62 half year divvy with plenty of cash in reserve to either extend buybacks which I dont see happening given the pace of the current BB will take another qtr to complete or fattens the cash reserve for a big year end divvy.
These are just my assumptions based on the guidance provided so far. DYOR and I'd be interested to hear anyone else's thoughts.
2nd Qtr Results
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 (20min delay)
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Last
$7.87 |
Change
0.170(2.21%) |
Mkt cap ! $6.525B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.91 | $7.69 | $14.47M | 1.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 11123 | $7.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.88 | 13606 | 26 |
View Market Depth
| Last trade - 11.36am 02/05/2024 (20 minute delay) ? |
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Last
$7.89 |
Change
0.170 ( 2.82 %) |
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| Open | High | Low | Volume | ||
| $7.70 | $7.91 | $7.69 | 260478 | ||
| Last updated 11.58am 02/05/2024 ? | |||||
| WHC (ASX) Chart |