From a recent article from the Intelligent Investors.
The Bad
It seems laughable to complain about an interim dividend that’s a 30% fully franked yield on some of our purchases.
But Whitehaven Coal’s interim dividend was well short of what we were expecting with management seemingly keener than us on a huge share buyback.
It was more of a bonus than the bonanza we’d predicted. We’d prefer the money in our hands as soon as possible lest management find something lousy to do with its expected $2bn cash hoard.
From a recent article from the Intelligent Investors.The BadIt...
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| Open | High | Low | Value | Volume |
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