WES 1.16% $70.01 wesfarmers limited

WES is trading at a PE of 22x.If the share price falls 10%, I...

  1. 868 Posts.
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    WES is trading at a PE of 22x.

    If the share price falls 10%, I expect the board to initiate a share repurchase program.

    Buying back WES at a PE of 20x has a higher ROIC and is a lower multiple than any potential acquisition out there.

    @david25 talk all you want.
 
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$70.01
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0.800(1.16%)
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$69.40 $70.52 $69.01 $121.4M 1.735M

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No. Vol. Price($)
2 5202 $70.01
 

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Price($) Vol. No.
$70.13 2545 1
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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